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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/john-lewis-sales-at-alltime-high.jpg"><img class="alignnone size-full" title="John Lewis has reported a jump in weekly takings" src="http://londonglossy.com/wp-content/uploads/2010/12/min-john-lewis-sales-at-alltime-high.jpg" alt="John Lewis has reported a jump in weekly takings"/></a></p>
<p>Department store chain John Lewis has reported record weekly sales, raising hopes that retailers will be able to make up for trade lost during the snow.</p>
<p>The group, which is seen as a bellwether of Britain&#8217;s high street, said it rang up £121 million of sales in the week to Saturday December 11, marking the most taken in a week.</p>
<p>The figure was up 16.7% on the previous week when arctic conditions snowed in many shoppers.</p>
<p>Supermarket Waitrose, also owned by the John Lewis Partnership, likewise reported robust sales as the cold weather eased in many parts of the country.The food chain saw total sales rise 9% year-on-year to £113 million.</p>
<p>Economist Howard Archer, of IHS Global Insight, said the John Lewis figures may help ease fears over Christmas trading. He said: &#8220;Retailers may still have a decent Christmas after all, despite the hit to activity from the bad weather.</p>
<p>&#8220;One proviso is that in recent times John Lewis have been comfortably outperforming the retail sector as a whole.</p>
<p>&#8220;Another major concern for retailers is that more cold weather is forecast this coming week. With Christmas falling on a Saturday, next weekend&#8217;s trading is going to be of major importance to retailers.&#8221;</p>
<p>Severe winter weather disrupts retail trade not only because it stops many consumers getting to the shops but also because it interrupts supply chains.</p>
<p>Tesco said last week that snow had damaged its recent trading, while music and games retailer HMV said it is concerned about a &#8220;significant&#8221; drop in so-called consumer footfall in shops during the bad weather at the start of its key festive trading period.</p>
<p>Mr Archer said bad weather usually acts only as a temporary knockback to Christmas sales, with trade made up later in the season. But forecasts of further snow this week pose a threat.</p>
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