UK RETAIL ROUNDUP: John Lewis, Liberty PLC Offer Xmas Cheer
January 05 2009 - 9:51AM
Dow Jones News
U.K. department store chain John Lewis and London department
store Liberty PLC (LBE.LN) kicked-off the retail Christmas trading
season Monday with encouraging sales reports that offer some hope
that the expected carnage on the high street won't be as bloody as
feared.
John Lewis said comparable sales in the five weeks to Jan. 3
were flat compared with a year earlier. While Home sales were down
6% as consumers slashed spending on home-related goods, Fashion
sales, including beauty, rose 4% amid steep discounting.
Electricals and Home Technology sales increased by 10%.
Up-market London department store Liberty meanwhile said its
sales for the first 10 months to Dec. 31 were ahead of last
year.
While conceding November's trading was hurt by the general
retail slowdown, Liberty said "sales in December exceeded
expectations and almost matched last year's record Christmas as the
store cleared its stocks in preparation for its store renovation in
January." Liberty didn't provide specific sales figures.
The crisis in the retailing sector was nonetheless underscored
Monday by news Passion for Perfume Ltd. has joined the growing list
of U.K. retailers in administration. These include Adams
Childrenswear Ltd., clothing chain USC, CD and DVD retailer zavvi;
coffee-and-tea purveyor Whittards of Chelsea; clothing chain the
Officers Club; Woolworths Group PLC (WLW.LN) and furniture retailer
MFI.
Other U.K. retailers that are scheduled to report trading
performances in coming days include:
Tue, Jan. 6: Next PLC (NXT.LN) trading update
Debenhams PLC (DEB.LN) trading update
Dunelm Group Plc (DNLM.LN) trading update
Wed, Jan. 7: Marks & Spencer Group PLC (MKS.LN)
3Q trading update
Thu, Jan. 8: J Sainsbury PLC (SBRY.LN) 3Q trading update
Signet Group PLC (SIG.LN) Christmas trading
Topps Tiles PLC (TPT.LN) trading update
Alexon Group PLC FY results
Ted Baker trading update
Fri, Jan. 9: JD Sports Fashion PLC (JD.LN) trading update
Tue, Jan. 13: Game Group PLC (GMG.LN) trading update
Topps Tiles PLC (TPT.LN) trading update
Jacques Vert PLC (JQV.LN) trading update
Wed, Jan. 14: Galiform PLC (GFRM.LN) trading update
Thu, Jan. 15: Home Retail Group PLC (HOME.LN) 3Q
HMV Group PLC (HMV.LN) trading update
JJB Sports PLC (JJB.LN)
DSG International PLC (DSGI.LN) trading
update
Tesco PLC (TSCO.LN) trading update
(TBC)Halfords Group PLC (HFD.LN) trading update
Mothercare PLC (MTC.LN) trading update
Tue, Jan. 20: Kesa Electricals PLC (KESA.LN) trading update
Thu, Jan. 22: William Morrison Supermarkets PLC (MRW.LN)
Fri, Jan. 23: ASOS PLC trading update
Mon, Jan. 26: WH Smith PLC (SMWH.LN) AGM trading update
Tue, Feb. 3: Carpetright PLC trading update
-By Lilly Vitorovich, Dow Jones Newswires; 44-0-207 842 9290;
lilly.vitorovich@dowjones.com
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