More »

More »

RSS

Easter boosts retail sales

May 09 2006


UK retailers benefited from improved levels of trading throughout April, as the late Easter holiday weekend combined with a blast of warm weather to encourage shoppers onto the high street.

According to latest figures from the British Retail Consortium (BRC) and accountancy firm KPMG, retail sales rose 6.8 per cent on a like-for-like basis and 9.8 per cent overall in April, against a weak comparable period 12 months earlier. Those selling clothing and footwear were amongst the biggest beneficiaries of the uplift as were businesses operating in the DIY sector.

But the three-month picture looks a little less rosy. Like-for-like retail sales between February and April were up just 1.7 per cent, leading the BRC to implore a degree of watchfulness.

‘While any uplift in sales is welcome, the distortion arising from the timing of Easter and the weather underlines the need for caution,’ director general Kevin Hawkins propounds. ‘Discounting has also played a big part in these results. We need to see the figures for this month before forming any tentative conclusion about the underlying trend.’

 
Comments

There are currently no comments on this article

Prize Draw

 

Free prize draw!

Smallbusiness.co.uk has teamed up with Avery® Quick&Clean™ Business Cards to offer five lucky readers the chance to win a copy of BBC Dragons' Den James Caan's new book The Real Deal and a pack of Avery® premium heavyweight business cards. To enter the prize draw, simply answer our question here

Outlook for Xmas trading?






Site map

« Expand to view