Peter Jones sales dip 21 per cent in pre-Christmas slump

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

Sales were down a massive 21.4 per cent at Peter Jones in Sloane Square last week.

The news came as business leaders warned of a sales meltdown this Christmas. The high street is braced for its toughest December in years, a CBI survey of retailers warned.

John Lewis is judged to be an accurate measure of general consumer confidence and the state of the economy.

With its Bluewater store reporting sales down 19.8 per cent, Kingston down 17.7 per cent, Brent Cross down 11.6 per cent and Oxford Street down 8.2 per cent, it was an ominous performance for the capital.

John Lewis managing director Andy Street said that heavy discounting and one-off sales at the likes of Marks & Spencer and Debenhams showed "most retailers were finding themselves in tough times".

Andy Clarke of the CBI said: "Christmas is going to be extremely tough with retailers having to work harder than ever to keep the tills ringing."