Tuesday, May 22, 2012

John Lewis ups sales guidance, sees UK recovering

LONDON - John Lewis, Britain's biggest department store group, has raised its sales guidance after outperforming a flat retail market in its first quarter and believes the economy is on course for a slow recovery, despite a recent dip back into recession. Photo: John Lewis"My gut feel is a long, slow, steady recovery that at certain points will look like a non-recovery and at other points might feel, like it has for us in the last few months, OK," Andrew Murphy, retail director at the

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