Catherine Boyle
Win VIP tickets
Many Britons appear to be handling the prospect of recession and the economic downturn by staying at home to eat ready-made meals washed down with New World wines from upmarket stores, venturing out to shop only for cut-price goods.
Sales at John Lewis and Waitrose, the high street stalwarts of Middle England, rose last week as bargain-hunters went to summer sales and purchased more instant meals rather than going out to eat in restaurants.
At Waitrose, the supermarket chain that is part of the privately owned John Lewis Partnership, there was evidence that more Britons attempted to save money by eating in, driving sales up by 1.2 per cent since last year.
The company said: “The trend for home entertaining was strongly evident, with unit sales of the ‘As Good as Going Out' range up by 38 per cent on last year.”
Waitrose shoppers also appeared to be stocking up on wines on special offer and ready-made desserts. Pre-packed cake sales rose by 24 per cent year-on-year, while revenue on South African wines rose 132 per cent and New Zealand wine by 40 per cent.
John Lewis, the department store chain, had a 5.9 per cent increase in revenue from last year in the week ended July 12, helping partnership sales to rise from £127 million to £130.7 million for the week.
This turnaround in sales - only the second time in ten weeks that revenue has risen - was largely driven by sales of women's fashion, which rose by 16 per cent as cost-conscious women tried to take advantage of the clearance sales.
Sales of electrical and technology goods at John Lewis, which have been badly hit in recent months as budgets tighten and fewer people move house, were up by 3.8 per cent after prices on television sets were cut.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Win a luxury weekend to Newcastle and its neighbour Gateshead, find out more here
Risk, resilience and embracing new technology
Industry sectors news at a glance. Interactive heatmap, video and podcast
Discover the power of collective thinking. Submit a solution and be in with a chance to win a Media Hub Home Entertainment System
The inside track on current trends in the charity, not for profit and social enterprise sectors
Everything the Business Traveller needs to know to make a better trip
Make the most of the summer and enter our fabulous photographic competition, you could win a £5000 holiday
Corsica is an island of beauty and contrast, an ideal holiday destination
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
The clever way to lease a new car is with Car leasing made simple™
2009
per month on 36-month
Personal Contract Hire (PCH)
2008
42850
Car Insurance
£23,093 - £56,211
The Office for National Statistics
Newport, South Wales
£60,000
The Environment Agency
Bristol
Up to £90K
Boots
Midlands
OTE £85k
Credit Protection Association
Nationwide Opportunities
Completely London
Luxury Condo's in Manhattan with NYC views
The best new homes in Wimbledon?
Nationwide
Fabulous Cruise And Cruise & Stay Offers Including Virgin Atlantic Flights Prices Start From Only £699pp!
Last Minute Cruise And Cruise & Stay Offers. Med From £499pp, Caribbean From £699pp!
5 star quality at a 3 star price.
8 fabulous Canadian cities ...you won’t find cheaper
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Property Finder | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.
I paid 40 upk ($80) for a meal for 2 people at a pub in Eaton, Norwich - no free coffee refills (as we are accustomed to in the USA) - and the food was dreadful.
No more eating out in the UK for me!
lyn, southern california, usa
I recently phoned a well known Italian restaurant in Edinburgh to arrange a large party meal. That was until I read that on top of the price of meals and drinks, the owner in his wisdom thought that a service charge of 15% was acceptable ........ not in this day and age is is'nt. NO BOOKING !!
Brian Wilson, Edinburgh,
I'm not surprised as the food in most UK restaurants is shockingly bad. You have to pay serious money to get a worthwhile meal in the UK. Most high-street restaurants and chains are merely reheating, often badly, preprepared food so why not buy a ready meal and put it in the microwave yourself!
Bruce Mcaaw, Grantham,
Not surprised everyone is staying in. Eating out in the UK (particularly London) is shockingly expensive compared with the rest of Europe, even with the strong Euro. I can have a four course meal with wine for under 30 Euros in Italy. Restaurateurs are going to have to offer better value for money,
Robert C, London , UK
Ready meals, what ever happened to buying ingredients and cooking yourself? It's cheaper, more fun, healthier and the taste expereince is far better.
Bertha Vanation, Poundland,
Not by my experience of the local Wetherspoon this evening!
Richard, Newton Abbot,
Yes, eating out is expensive, you cant smoke anywhere and you have to watch what you do or say in case big brother is watching. Stay at home with friends and enjoy it on the cheap!
Ian, Bristol,