Member Article
UK Retail sales bouce back after harsh December
UK Retail sales bounced back in January after figures had dropped as a result of the bad weather in December.
According to the British Retail Consortium, sales values were up 2.3% on a like-for-like basis from January 2010, when sales had fallen 0.7%.
On a total basis, sales were 4.2% higher, against a 1.2% increase in January 2010.
Stephen Robertson, Director General, British Retail Consortium, said: “On the surface, this is the best sales growth since last March, but that’s not the whole story.
“Comparisons are with a feeble, snow-hit performance a year ago.
“Clearance discounts and a last chance to beat the VAT rise got people buying things like furniture and electricals in the first few days.”
According to the figures, Non-food non-store (internet, mail-order and phone) sales growth fell back in January after picking up in November and December.
Sales were 12.3% higher than a year ago, less than the 18.0% in December.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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