Kevin Hawkins Quotes on Sales (2 Quotes)

The volume of goods passing across high-street tills fell 1 per cent compared with a year ago, based on the same area of selling space. The British Retail Consortium said it was the eighth consecutive monthly fall and was driven by sharp declines in clothing and footwear and food sales. The underlying position is weak, ... Retailers margins are already being squeezed by rising labour, property and energy costs.

This is an impressive like-for-like figure and encouraging news for retailers in the capital, especially considering the severe and very worrying drop in sales seen in July through to October last year.