Partner 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 .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club