Mixed Weather Affects John Lewis & Waitrose Sales

  • John Lewis and Waitrose report a decrease in sales for the 11th week of trading
  • Sales decreased by 1.6% to £210m compared to last year’s £214m
  • Waitrose total sales excluding fuel down 1% compared to last year
  • Customers stocking up on Christmas food as weather turns colder
  • Mince pies and stollen sales increased by 14% and 12% respectively
  • Advent calendars sales also up compared to the same week last year
  • Electrical and Home Technology sales down 4.8%
  • Accessories sales within earphones up 2.5%
  • Overall fashion sales up 4% with menswear sales up 3.1%
  • Men’s cashmere sales up 12%
  • Women’s accessories and beauty, wellbeing, leisure sales up 16.7%

John Lewis and Waitrose have reported a decrease in sales for the 11th week of trading, with sales down by 1.6% to £210m compared to last year’s £214m. However, customers are stocking up on Christmas food as weather turns colder, leading to a 14% increase in mince pies and 12% increase in stollen sales. Advent calendars also saw an increase in sales compared to the same week last year. Electrical and Home Technology sales were down by 4.8%, while accessories within earphones experienced a 2.5% growth. Overall fashion sales increased by 4%, with menswear sales up 3.1% and men’s cashmere performing particularly well, up 12%. Women’s accessories and beauty, wellbeing, and leisure sales saw a 16.7% increase.

Factuality Level: 8
Factuality Justification: The article provides accurate information about the sales performance of John Lewis and Waitrose, including specific product categories and their respective changes in sales. It also mentions the reasons for the decrease in sales (weather and homeware performance) and some positive aspects (increase in fashion and accessories sales). The information is presented without any clear bias or opinion.
Noise Level: 3
Noise Justification: The article provides relevant information about the sales performance of John Lewis and Waitrose, highlighting both positive and negative aspects, and includes specific product categories’ sales data. However, it lacks in-depth analysis or exploration of long-term trends or consequences of decisions.
Financial Relevance: Yes
Financial Markets Impacted: The financial performance of John Lewis and Waitrose
Financial Rating Justification: This article discusses the financial performance of two major retail companies, John Lewis and Waitrose, including their sales figures for a specific period. It also mentions how various product categories performed, which can impact their overall financial health and future decisions.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.

Reported publicly: www.retailsector.co.uk