Saturday, July 05, 2008

More John Lewis News

All this free publicity that our MPs have been giving John Lewis doesn't seem to helping the upmarket retailer cope with the credit crunch. Sales last week were 'very weak' according to analysts. Today's Telegraph reports bad news. Electrical goods and home wares, which MPs have been buying from allowances were down 15% and 13% respectively - while clothes, which I've seen no reports of MPs buying were up 2%. There must be some sort of message here.

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