American supermarket behemoth Wal-Mart is about to throw its hat into the ring in India
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September witnessed a surprise drop in UK retail sales, blamed by analysts on burgeoning utility prices, fewer discounts and higher interest rates.
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Visits to online retail websites are expected to grow by eight per cent this Christmas, says Hitwise UK, a provider of comparative analysis of online traffic.
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Retailers are enjoying the summer with June sales indicating that the growth seen in spring has persisted.
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Research carried out by website management services provider Transversal has found that British retailers are neglecting online shoppers by not providing answers to basic customer service questions on the web.
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Figures published by the Office for National Statistics have shown that the volume of retail sales in the three months to April was up 0.1 per cent on the previous three months
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Retail came under scrutiny this month as consultancy firm CB Richard Ellis released research into consumer attitudes towards fashion shopping in the UK
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Cold weather caused retail sales volumes to drop more sharply than expected in March, with adverse elements keeping cash-strapped consumers away from shops.
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Retail sales growth in the UK slowed for the three months to February to 0.9 per cent from 1.1 per cent in January, as the British Retail Consortium (BRC) reported a ‘continuing squeeze on consumer spending’.
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A mishmash palette of retail Christmas trading statements paints a blurry picture for the sector in 2006, as there appeared to be as many positive like-for-likes as there were negative.
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