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09/03/2010
February Retail Sales Grow
The was a slight positive bounce in UK high street sales last month, following a marked drop in January.
UK retail sales values rose 2.2% on a like-for-like basis from February 2009, when sales had dropped 1.8%, hit by snow and consumer caution.
On a total basis, sales rose 4.5% against only 0.1% growth in February 2009.
Food sales slowed further after shoppers had stocked up during January's snow, the British Retail Consortium (BRC) said.
Lower food inflation and consumer caution also depressed sales. Non-food recovered, having been hit by January's snow, but growth was often against larger declines a year ago.
Clothing and footwear showed stronger gains than in January and homewares and furniture returned to growth.
Non-food non-store sales - internet, mail-order and phone sales - in February were 15.5% higher than a year ago compared with 14.6% in January.
The very cold and wet weather, and shoppers receiving catalogues whose delivery had been delayed by snow, helped to boost sales.
"Despite appearances, these results are not that strong," Stephen Robertson, director general of the BRC told BBC News.
"The growth is compared with very weak figures a year ago when February saw the worst of last winter's weather and this February's performance was helped by sales postponed from January - particularly sales of non-food items such as homewares and fashion."
(PR/BmcC)
UK retail sales values rose 2.2% on a like-for-like basis from February 2009, when sales had dropped 1.8%, hit by snow and consumer caution.
On a total basis, sales rose 4.5% against only 0.1% growth in February 2009.
Food sales slowed further after shoppers had stocked up during January's snow, the British Retail Consortium (BRC) said.
Lower food inflation and consumer caution also depressed sales. Non-food recovered, having been hit by January's snow, but growth was often against larger declines a year ago.
Clothing and footwear showed stronger gains than in January and homewares and furniture returned to growth.
Non-food non-store sales - internet, mail-order and phone sales - in February were 15.5% higher than a year ago compared with 14.6% in January.
The very cold and wet weather, and shoppers receiving catalogues whose delivery had been delayed by snow, helped to boost sales.
"Despite appearances, these results are not that strong," Stephen Robertson, director general of the BRC told BBC News.
"The growth is compared with very weak figures a year ago when February saw the worst of last winter's weather and this February's performance was helped by sales postponed from January - particularly sales of non-food items such as homewares and fashion."
(PR/BmcC)
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ONS reports retail sales ‘restrained’
The latest three-monthly growth in retail sales volume was the highest since November 2004, the Office of National Statistics has reported. However, the report warned that the underlying trend appeared “restrained” and annual growth in sales volume fell to the lowest level for six years.
ONS reports retail sales ‘restrained’
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Sainsbury's sales recovery continues
Supermarket chain Sainsbury's has reported another rise in sales for the January to March period - the chain's fifth consecutive quarter of like-for-like sales growth. The chain, the third largest supermarket in the UK, reported a 5.3% rise in like-for-like sales - excluding petrol - during the period.
Sainsbury's sales recovery continues
Supermarket chain Sainsbury's has reported another rise in sales for the January to March period - the chain's fifth consecutive quarter of like-for-like sales growth. The chain, the third largest supermarket in the UK, reported a 5.3% rise in like-for-like sales - excluding petrol - during the period.
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Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
