Wednesday, July 25, 2012

John Lewis trade lifted by sale, rain and Olympics

John Lewis, Britain's biggest department store group, posted another double-digit rise in weekly sales, as its summer sale and poor weather encouraged customers to part with their cash, with spend related to the Olympics a focus. Photo: John LewisThe employee-owned firm said on Friday department store sales increased 17.3 percent year-on-year to 70.3 million pounds ($110.4 million) in the week to July 14. "The final week of clearance (sale), coupled with the continuation of the inclement

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