UK: Consumer Spending Spree Boosts February Sales
Its latest figures show like-for-like retail sales were up 6.1 per cent in February from the year-ago period, slightly higher than the six per cent year-on-year climb recorded in December.
Warmer weather boosted sales of new Spring collections of women's clothing with many retailers reporting double-digit growth, the BRC revealed.
"This is good news for shoppers, retailers and the economy," said the BRC's director general, Bill Moyes. "Consumers continue to benefit from fierce price competition which is keeping high street inflation at very low levels."
Retailers will be forced to absorb the cost of supporting Italian shoemakers if EU duties on Chinese shoes go ahead, British Retail Consortium director Alisdair Gray said....
The British Retail Consortium has lashed out against the EU's decision to refuse market-economy status to China's footwear makers, claiming it is the first step to unnecessary anti-dumping duties....
UK retail sales showed an improved like-for-like gain during December, but clothing sales took a downturn, according to the latest report from the British Retail Consortium....
UK retailers have enjoyed their first same-store sales growth since March, with colder weather driving up clothing and footwear sales, according to a report by the British Retail Consortium....
Chancellor Gordon Brown has revealed a plan to slash red tape for UK businesses to allow greater flexibility, in a move that may help alleviate fears over stifling EU bureaucracy....
British Retail Consortium director general Dr Kevin Hawkins has lashed out at comments on shoplifting made by Lord Justice Rose in the Court of Appeal....
Same-store high-street sales have fallen for the seventh month in a row as unseasonably warm weather hurt demand for winter clothing and footwear....
UK retailers could be losing millions of pounds off the bottom line due to poor communications between head office and the front line, according to an industry report from Retail Performance Specialis...
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