UK February retail sales hit by snowfall

| March 10, 2009 | 0 Comments
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Figures released today by the British Retail Consortium (BRC) showed a fall in retail sales for the month of February, as the heavy snowfalls throughout the company kept shoppers away.

According to the BRC, the value of like-for-like retail sales fell 1.8% in February, compared with February 2008. This follows the shock 1.1% rise reported in January, which was primarily due to heavy Christmas discounting.

However, the snowy weather meant that sales of spades, duvets and boots all rose, as did food sales as consumers stocked up their cupboards and freezers.

However, sales of women’s and men’s clothing were hit particularly hard, recording its worst month since April 2008.

According to Stephen Robertson, director general of the retail lobbying group: “The short burst of spending unleashed by January clearances has largely vanished, replaced by sales as weak as most of last year.”

“Early February snow did not help but customers’ and retailers’ difficulties run deeper,” added Mr Robertson.

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