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Year on Year Growth for April Retail Figures
As we approach midway through the 2nd quarter of what is predicted to be a tough year for many, the British Retail Consortium have published promising figures for retailers in light of the recession.
UK retail sales saw an overall 4.5% increase in April 2009 compared with 2008, whilst online retail grew 12.5% on a like for like basis. The year on year increase is thought to be largely down to the warm Easter weather which has boosted food and non-food sales. The largest non-food sector seen to benefit has been clothing, footwear and outdoor leisure.
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