Friday, 10 September 2010

Weak Growth In High Street Sales

The BRC RSM says that retail sales for August on a like-for-like basis were up 1% compared with a 0.1% fall last year and 2.8% on a total basis compared with 2.2% last year.

Growth in food sales slowed to 1.8% whearas clothing and footwear sales were stronger due to the influence of seasonal ranges and the back-to-school effect. Homewares were also up.

Internet, mail order and telephone sales increased in August to 17.8% above last year's level but last year was exceptionally weak at 8%.

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