Retail sales keep dropping!
Posted December 9, 2008 by Spartacus under under High Street
Retail Sales Continue To Drop!
A closely watched survey has reported that, for the first time in 13 years, retail sales have dropped in consecutive months.
This means that instead of sales rising in the festive period this year, they seem to have fallen.
The survey shows a 0.1% decline in October, and almost 2.6% in November.
An absolute contrast on Food sales however, with the B.R.C. confirming that the food & drink industry was the only industry to see a rise in sales.
For most retailers the Christmas period is a key time for their annual sales turnover, for some companies it can represent almost 2/3 of their annual total revenuel, and this could mean the end of some smaller retailers.