John Lewis had a slow week in the seven days to December 30 as total sales dipped 0.4% to £137.9 million, although snow in some areas of the UK was partly to blame. But fashion scored strongly as it had the week before.
Next's Christmas trading update Wednesday painted a picture of a company that's recovering, but only very slowly, and one that still faces huge challenges, especially in driving growth at its physical stores.
Amazon Prime accounted for half of all holiday sales during 2017, a 38% jump over last year, outpacing total e-commerce sales, up 18% for the season. Amazon also announced it had shipped 5 billion Prime items in 2017.
Investment company Eurazeo has entered into exclusive negotiations in order to acquire 70 percent of the capital of the management firm Idinvest, a move that could see the business double its portfolio.
Marks & Spencer has sold its retail business in Hong Kong and Macau to its franchise partner Al-Futtaim as it retreats from international markets to focus on its core business in Britain, the company said on Tuesday.
In her first results announcement since taking over as CEO, The White Company chief executive Mary Homer reported sales growth and an operating profit rise at the UK-based company, although profit was only up by 2%.