British Retail Consortium’s three-month average, which irons out distorting effect of Easter, shows growth slowed to 2.6%
Retailers suffered a 2.2% drop in sales last month compared with a year ago, thanks to the timing of Easter and wintry weather, according to industry figures.
The British Retail Consortium’s three-month total growth average, which irons out the distorting effect of Easter falling in April last year and March this year, was 2.6%. That was a slower pace of growth than in the three months to February and March and the BRC said a recovery in consumer spending remained elusive.
“There’s a sense that people are more prepared to spend than they were but chief executives are telling me that’s volatile. A convincing trend towards revival is hard to spot and competitive pricing is still critical to generating sales,” said the BRC’s director general Helen Dickinson.
But April was not all bad, she stressed, noting that for non-food sales it was better than March once the Easter distortion was taken away.
“Wintry weather, followed by the arrival of sun, had a big influence on some retailers,” she said. “Fashion sales were weak early in the month but that was almost entirely made up later when signs of spring arrived. While health and beauty gained both ways with strong sales of cold and flu remedies and then of bronzing and skin care products.”
Posted by admin | Posted on 25-04-2013
Category : Stocks, World News
Tags: auctions, change, company, complete, effect, film, link, otcmarkets, rangemore, thu
Thu, Apr 25, 2013 12:00 – Auctions International, Inc. (RANF: OTC Link) – Company Name Change – Auctions International, Inc. has changed its name to Rangemore Film Production Corp. . The change goes into effect as of Thu, Apr 25, 2013. You may find a complete list of company name changes at otcmarkets.com.
Read more: Auctions International, Inc. (RANF: OTC Link) | Company Name Change
Posted by admin | Posted on 08-04-2013
Category : Business, World News
Tags: bags, carrier, effect, ireland, northern, plastic, tax
The new tax on plastic carrier bags comes into effect in Northern Ireland later.
View original post here: Carrier bag tax in NI is introduced
Posted by admin | Posted on 07-04-2013
Category : World News
Tags: clemison, controversial, effect, simon, summary, tax
Simon Clemison gives a summary of the controversial tax changes that have come into effect.
More: VIDEO: Controversial tax changes explained
Posted by sysadmin | Posted on 06-04-2013
Category : Business
Tags: alexander, chief, danny, effect, income, make, pay, secretary, tax, treasury, work
Chief Secretary to the Treasury Danny Alexander says income tax changes that have come into effect will help make work pay.
Read the rest here: Tax changes will ‘make work pay’
Posted by admin | Posted on 06-04-2013
Category : Business
Tags: alexander, chief, danny, effect, income, make, pay, secretary, tax, treasury, work
Chief Secretary to the Treasury Danny Alexander says income tax changes that have come into effect will help make work pay.
View original post here: Tax changes will ‘make work pay’
Posted by admin | Posted on 01-04-2013
Category : Business, World News
Tags: duncan, effect, fair, iain, insists, measures, pensions, smith, welfare, work
Changes to the UK’s welfare system are fair, Work and Pensions Secretary Iain Duncan Smith insists, as some of the new measures come into effect.
Go here to see the original: Welfare reforms fair – Duncan Smith