World News - John Lewis reports tough trading

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  • xman
    Admin
    • Sep 2006
    • 24007

    World News - John Lewis reports tough trading

    14 September 2011 Last updated at 02:35 ET Department store group John Lewis says trading on the High Street is tough but its sales are still growing.

    The firm, which operates 33 department stores and the Waitrose supermarket chain, said sales at both businesses grew 1% and 4% respectively amid "extremely challenging" conditions.

    Its profits were down by 18% to £90.4m, reflecting the difficult trading conditions and increased investment.

    John Lewis said that a net 1,100 new jobs had been created in the period.





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