Waitrose begins to suffer from credit crunch |
| Friday, 21 November 2008 | |
 Waitrose sales dropped by 4.6% last week, parent group John Lewis said, as the chain began to feel the impact of the credit crunch. But commercial director Richard Hodgson said the firm is in a good position to see success over the Christmas period. He commented: "Our stores are now bustling, with a festive look, party food and gifts, and branches have reported steady sales on seasonal assortments. "Our range of entirely British poinsettias is selling well and the arrival of Christmas trees in stores from 1 December should provide a further boost to the festive theme." The figures come after the Office for National Statistics said total retail sales dropped by 0.1% between September and October. John Lewis sales figures were down 14% in the week to 15 November, compared to the same period last year. Waitrose this week said sales of duck and goose are on the increase in its stores as Christmas gets closer. Related Articles
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