Retail enjoys "dazzling" December

It might not feel like it on the High Street right now, but the British Retail Consortium has said UK retail enjoyed a dazzling” December.

It reports that like-for-like sales for the month were up 2.1 per cent year-on-year, with total sales climbing 4.1 per cent.

Of course, the snow has to be blamed for something. So thanks to the lack of the white stuff this year, last year’s heavy snow fall was blamed, as it made year-on-year comparisons far kinder.

The widespread heavy discounting certainly played its part, too.

"A better-than-hoped for December closed a relentlessly tough year for retailers, but these figures hinged on a dazzling last pre-Christmas week and were boosted by some major one-off factors," BRC director general Stephen Robertson stated.

"We’re not witnessing any fundamental change in customers’ circumstances."

About MCV Staff

Check Also

ip 1 [Industry News] Publishing Vets Reveal Indie Curation Endeavor, Inner Pocket

[Industry News] Publishing Vets Reveal Indie Curation Endeavor, Inner Pocket

Inner Pocket, a new label co-founded by industry veterans from CRITICAL REFLEX, Gaijin Entertainment, and indie studio Nozomu Games, launches today. By combining extensive experience across games marketing, publishing services, development, and business strategy, the Inner Pocket team aims to utilize its well-rounded composition to empower indie studios.