UK DIY News
John Lewis sees sales growth of 8% in 2011
John Lewis Partnership, the U.K. department store chain, expects sales to grow around 8% in fiscal 2012, down from the 12.3% growth the company clocked up in fiscal 2011 but ahead of the dour retail forecasts that followed a snow-disrupted Christmas.
Retail director Andrew Murphy told Dow Jones in an interview Monday that the company is budgeting for sales growth of just below 8% for the year to Jan. 29, 2012, despite GDP figures showing weaker-than-expected economic growth.
Source : Kathy Gordon - Wall Street Journal

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