Tag Archives: Retail sales

Warm weather and a royal wedding spark spending spree in May

Warm weather and a royal wedding spark spending spree in May

UK retail sales in May posted the highest growth since January 2014 as the warm weather and royal wedding lifted spirits and tempted Brits back into stores. According to the latest figures from the British Retail Consortium (BRC), like-for-like sales increased by 2.8% year on year in May, up from a 4.2% dip in the

UK retailers hit by lowest non-food sales growth since records began

Non-food retailers have recorded their worst sales performance since records began, the British Retail Consortium reveals. As consumers opt for outdoor experience over visits to the shops, in-store sales of non-food items rose just 0.2% in October. This is the weakest growth recorded since the BRC began measuring the category in January 2011. Online sales

Physical stores are still appealing to under 35s

A new study has highlighted the importance of physical stores in driving retail sales in the UK. Of the £313bn spent by UK consumers in 2015, £278bn (89%) “touched” a store through physical sales, click & collect and online sales browsed in store, according to Verdict Retail and British Land. The survey on shoppers’ behaviour

April jewellery sales slow down but remain in growth

Total jewellery sales for the four weeks covering April 3- April 30 slowed down but remained in growth for 2016. According to the BRC-KPMG Retail Sales Monitor, the jewellery and watches category was up against a strong comparable in April 2015, when it had been the best performing category. Despite like-for-like sales being down, total sales

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Retailers should invest in mobile apps to improve high street sales, study finds

Investing in mobile app technology could be the answer to driving back sales into the high street, according to the latest research by leading mobile app developer Apadami. Mobile app investment will bring customers back into retail stores, and help avoid the estimated loss of 900,000 jobs and thousands of stores in the next decade

Retail sales up 7.8% for NAG Executive Development Forum members

Retail sales among members of the National Association of Goldsmiths’ Executive Development Forum were up 7.8% and like-for-like sales were up 1.2% between January and July 2015, according to new figures. Results of this nature will now be released monthly following feedback from EDF members about a lack of accessible industry performance data. The data will enable

Sales growth in June 2015 hits highest peak in 18 months

UK retail sales have enjoyed the strongest month of growth for 18 months in June 2015, with sales up 1.8% on a like-for-like basis from June 2014, according to the BRC-KPMG Retail Sales Monitor. On a total basis, sales were up 2.9% against a 0.6% rise in June 2014. This is the strongest growth since January

Retail sales expectations hit 27 year high

Retail sales volumes have performed so strongly in the year to May that the Confederation of British Industry has declared expectations for June to be at a 27-year high. The latest quarterly Distributive Trades Survey says that orders placed upon suppliers rose more quickly than anticipated in the year to date – the fastest pace

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