DIYWEEK.net

 

Retailers suffer worst February in two years

Published: 4 March 2016
According to the latest high street sales tracker from the BDO, retailers suffered the worst February in two years, with sales falling 1.7% compared with last February.
Retailers suffer worst February in two years
According to the BDO, homewares sales fell 0.5% in February compared with the same month last year. Lifestyle stores, on the other hand, saw sales grow by 0.8% while online trading went up by an impressive 18%.

It comes following a relatively good January on the high street, which analysts put down to widespread discounts in stores.

The BDO's head of retail and wholesale Sophie Michael said: "After a strong start to the year, primarily driven by the sales period, retailers have returned to negative like-for-like revenue growth.

"The canny consumer continues to shop for bargains. Retailers have to find ways of enticing the customer back into store during full price periods through a rich product mix and the right customer experience."

Comments


(Your email address will not be published)
5 + 5 =  
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

http://www.diyweek.net/retailers-suffer-worst-february-in-two-years