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06/12/2005
Pre-Christmas retail boost for shops
Retail sales increased for the first time since March, last month, the British Retail Consortium has reported.
Like-for-like sales increased by 0.8% n November, compared to 0.2% during the same period last year.
The BRC said that the recent cold weather, along with widespread promotions and sales days, had helped to boost clothing and footwear sales after several weak months.
Food sales had also shown stronger growth, the BRC reported.
However, for the period between September and November, like-for-like sales were down 0.1% on the same period in 2004.
Kevin Hawkins, BRC Director General, said: “While the growth in November was against a weak comparison in November 2004, it is better than many had expected and the lift out of negative territory is encouraging in itself.”
Mr Hawkins said that shoppers had remained “very value-conscious” and were still willing to wait for discounts and bargains, especially on home-related products.
(KMcA/SP)
Like-for-like sales increased by 0.8% n November, compared to 0.2% during the same period last year.
The BRC said that the recent cold weather, along with widespread promotions and sales days, had helped to boost clothing and footwear sales after several weak months.
Food sales had also shown stronger growth, the BRC reported.
However, for the period between September and November, like-for-like sales were down 0.1% on the same period in 2004.
Kevin Hawkins, BRC Director General, said: “While the growth in November was against a weak comparison in November 2004, it is better than many had expected and the lift out of negative territory is encouraging in itself.”
Mr Hawkins said that shoppers had remained “very value-conscious” and were still willing to wait for discounts and bargains, especially on home-related products.
(KMcA/SP)
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July saw the fastest retail growth in seven years, thanks to the heatwave, the British Retail Consortium (BRC) has said. July was also the third successive month of growth, according to the BRC. Like-for-like sales increased by 2.2% compared to the same period last year, figures from the BRG show. Online sales also increased by 7.
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If sales figures continue at the same level as last month, then British retailers may not have a very Happy Christmas. UK shop sales fell unexpectedly in November by 0.3%, dropping at their fastest pace since May, which means that shoppers spent less in high street stores than last month.
Retail Sales 'Gloomy' During November
If sales figures continue at the same level as last month, then British retailers may not have a very Happy Christmas. UK shop sales fell unexpectedly in November by 0.3%, dropping at their fastest pace since May, which means that shoppers spent less in high street stores than last month.
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British retailers enjoyed a 0.3% growth in sales over November and December last year. The increase in sales figures was less than expected, with forecasters predicting a 1% jump. A heightened rate in price rises was blamed for the small growth. As a result, retail sales by value were stronger in December, rising by 0.9% compared with November.
Slight Rise In Retail Figures
British retailers enjoyed a 0.3% growth in sales over November and December last year. The increase in sales figures was less than expected, with forecasters predicting a 1% jump. A heightened rate in price rises was blamed for the small growth. As a result, retail sales by value were stronger in December, rising by 0.9% compared with November.
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The latest results for the Retail Sales Index indicate that underlying retail sales growth has partially recovered from a marked slowdown in late summer. The seasonal impact in November from Christmas shopping is in line with that of recent years with the unadjusted sales value picking up to reach £21.1bn.
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Drop In March Retail Sales
There was a second consecutive monthly fall in retail sales recorded in March, it has been revealed. However, despite like-for-like sales falling, some have suggested that the Easter period could have skewed findings. According to the British Retail Consortium sales for the month - compared to the same period in 2008 - were down 1.2%. A drop of 1.
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