Follow sourcingfocus on Twitter

Retail Sales Grow, Despite Fears

Tuesday, September 05, 2017

Retail sales rebounded last month despite shoppers facing pressure from higher inflation, according to an industry report. The British Retail Consortium, working with consultancy KPMG, said like-for-like sales rose 1.3% in August, against a 0.9% fall for the same month in 2016.
Sales of autumn fashion ranges and back-to-school kit were big contributors to the rise, it said. But the body warned belt-tightening by consumers was still a risk.

More news from sourcingfocus: UK Government Launch Survey for Digital Skills

  • Favicon
  • Digg Favicon
  • Facebook Favicon
  • NewsVine Favicon
  • Reddit Favicon
  • StumbleUpon Favicon
  • Technorati Favicon
  • TwitThis Favicon