Sales at John Lewis were down by 4 per cent year-on-year last week (14 June 2007-2008), continuing the trend for retail gloom.

“Last week was always going to be a stiff target with one of our best weeks from last year against us, so it was no surprise to be 4 per cent down,” said Barry Matheson, head of selling development, John Lewis.

“Saturday, in particular, was a challenge, with a combination of fine weather and concern about the fuel drivers’ strike combining to drive down footfall in the regional shopping centre branches.”

Electricals, however, were one of the better performing categories, aided by strong sales of imaging products.

“In a week of stiff comparisons, the Electricals and Home Technology team will no doubt be pleased to have seen a really impressive performance from imaging," said Mr Matheson.

Commenting on the so-called ‘credit crunch’, Mr Matheson said: “Given the almost daily reports of doom and gloom in the economy and housing market, it is perhaps no surprise that our customers appear to be taking a more cautious approach, particularly to major purchases.”