Essential reading for retailers and suppliers in the home improvement market

January retail sales rise

Published: 10 February 2009
Best performance since May, says British Retail Consortium, as sales driven by heavy discounting.
January retail sales rise
The British Retail Consortium's (BRC) sales monitor, in association with KPMG, revealed a like-for-like rise of 1.1% for UK retail sales in January 2009 and a 3.2% increase on a total basis from January 2008.

According to the trade association, both increases represent the best performance since May, when sunny weather boosted sales.

Food sales showed stronger growth. Non-food sales remained slightly down on a year ago - though by less than in December.

Overall, sales were driven by heavy discounting in clearance sales, although, after a good start to the month, sales growth is then said to have weakened as clearances ended.

Online non-food sales in January were 19.2% higher than a year ago, although this was weaker than the 30% gain in December when people increasingly used the internet for Christmas purchases.

BRC director general Stephen Robertson said: "These surprisingly good figures give some room for optimism. Overall sales growth turned positive and is higher than it's been since last May.

He added: "Non-food sales fell more slowly suggesting January clearance deals released pent-up demand and customers started to spend on goods they've been intending to buy for months."

Comments


(Your email address will not be published)
7 + 1 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories