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Friday, 16 November 2012

Retail sales in surprise fall prior to Christmas

Yesterday was a bad day for statistics and figures for the economy.  Retail sales figures saw a 0.8% decrease in sales volumes in October which follows the bounce back in growth which was recorded for September of 0.5%.  This comes on the same day as the Eurozone falls back into recession.

One of the main reasons for the decrease was the fact shoppers have cut back on food and clothing purchases according to the Office of National Statistics. Food stores reported the biggest monthly decline in sales since November 2011.  However the quantity of goods had increased by 0.6% when compared to last year.

This trend is a little alarming so close to Christmas and follows the demise of Comet last week.  However Comet's sales figures were broadly stable prior to the administration it is believed.

Christmas time will be a make or break sales period for many retailers and they must get their online stores working well and able to deliver!

If you are struggling and are looking for a plan B visit or retailer rescue pages

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