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Thursday, 8th March, 2007
Record Profits for John LewisThe John Lewis retail group today announced record profits of £319m in the year to January 2007, with the the group's internet and catalogue operation, seeing an increase in sales of 64pc, up from £72m to £185m. The group's performance was described by chairman Sir Stuart Hampson as "simply stunning."
The John Lewis department store business enjoyed a sales increase of 11pc to £2.7bn, while sales at Waitrose topped £3.7bn. John Lewis group sales increased by 11pc to £6.4bn.
The company, which is an employee-owned partnership, also announced a 29pc increase in its bonus payment, which will not only see its partners receive an increased bonus, but also staff working on the shop floor, who will typically receive over £2,000 each.
Sir Stuart said both divisions (internet and catalogue / department stores) had each made an encouraging start to the new trading year, with sales at John Lewis increasing by 7pc in the past five weeks, and Waitrose like-for-like sales up by 4pc.
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John Lewis & Partners Department Store Information
John Lewis & Partners Department Store. Discover a whole new shopping experience and visit John Lewis & Partners department stores without even leaving home. You`ll find the same quality and value as in-store - plus all the convenience of having your shopping delivered direct to your door. You can browse through a wide range of home and gift products at your leisure, check whether an item is in stock, and order right away.
In fact, with the unlimited shelf-space of online stores, you may even find more products at the online John Lewis store than you will do in your local John Lewis department store!
Suffice it to say that John Lewis online store has literally thousands of products to choose from, in categories such as: Home & Garden, Furniture & Lights, Electricals, Beauty, Baby & Child, Sport & Leisure, Women`s Clothing, Menswear, and much more. And, you`ll often find great value with special offers online which you may not necessarily find in-store.
John Lewis online store is also a great place to find a wealth of gift ideas, with a section devoted to exactly that. However, besides the usual gift card and greeting card ideas, you`ll also find Beauty & Fragrance Gift Sets, Candles & Home Fragrances, Games & Puzzles Toys, Stationery, Gift Experiences, Personalised Gifts, In-store Experience Gifts, gift ideas from Waitrose Florist, and a host of other inventive and novel gifts too.
If you`ve never shopped with John Lewis before, then take a few minutes to immerse yourself in the John Lewis online store, and you`re sure to enjoy browsing the online shelves.
Official Website: https://www.johnlewis.com
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