UK retail sales values fell 2.6% in November 2008
- December 12th, 2008
- Posted in Retail . eCommerce
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UK retail sales values fell 2.6% on a like-for-like basis, from November 2007, when they had risen 1.2%. Total sales were lower than a year ago, as in October. This was the first time since the survey began in January 1995 that sales declined for two consecutive months.
Food and drink was the only sector to show sales up on a year ago. Despite extensive heavy discounting, clothing and footwear, furniture and big-ticket homewares fell further below year-earlier levels.
Discounts and promotions continued but often failed to tempt customers unless they perceived value or really needed the product.
Non-food non-store sales in November were 9.5% higher than a year ago. As with store sales, this was worse than in October, when sales were 16.6% up on a year ago. BRC
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