LONDON: Retail sales values fell back last month after May’s sun-driven boost as consumers cut back on most items except groceries, a survey showed on Tuesday. The British Retail Consortium said the value of like-for-like retail sales fell by an annual 0.4 percent in June. That followed a 1.9 percent rise in May which was […] ↓ Read the rest of this entry…
Retail sales figures for December will reflect a poor Christmas season, the British Retail Consortium said on Thursday as fears grow that the country is entering a deep recession. A traditional last minute rush for gifts and heavy discounting in the run up to Christmas had raised hopes consumer spending might hold up through the […] ↓ Read the rest of this entry…
Retail sales in Britain unexpectedly rose last month as the new year sales attracted bargain-hungry shoppers. Sales of clothing, shoes, books and CDs all saw strong growth, but economists warned this was unlikely to continue as unemployment climbs further. Retail sales volumes gained 0.7% in January from the previous month, according to the Office for […] ↓ Read the rest of this entry…
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