Friday, July 10, 2009

Department Stores Sales Down Because of Heat???

I found this hilarious. Yesterday there was alot of moaning about same store sales in the U.S. One of the major excuses was the cool and wet Northeast. Well the Guardian in the U.K. had a front page article on it website with the headline "UK's John Lewis sales hit by heatwave, Wimbledon." Say what?? So the U.S. can blame its retail woes on rain and cool weather and the U.K. can blame it on to much sun and the distraction (which is an annual event last time I checked) of Wimbledon??? Hilarious.

John Lewis Partnership, the employee-owned group seen as a barometer of UK retail spending, said department store sales in the week to July 4 were held back by sunny weather and the distraction of Wimbledon. The firm said sales at its 27 department stores fell 2.3 percent to 60.1 million pounds ($97.7 million).
"Our first full week of Clearance (Sale) saw an excellent result given the distractions of sustained sunny weather and (British tennis player) Andy Murray's progress at Wimbledon,"

4 comments:

Anonymous said...

UK is a lot like Seattle. Trust me, when it is sunny, you have to take advantage of. While this may sound silly to a Texan, there is some validity - some....

Market Seer said...

Right...so if like Seattle...shouldn't sun and heat spur retail sales? This article is saying that the sun and heat hurt retail sales in the UK.

Liz said...

No, in the UK, when it is sunny, every man, woman and child heads outdoors, generally a nearby park. Where they bake like lobsters in the sun for 8 hours, play soccer, drink beer and go home sunburnt and exhausted.

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