
British retail sales fell unexpectedly in January, dragged down by the biggest decline in groceries sales since 2004, an industry survey showed on Thursday. But there was grreat news as fashion sales surged.
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British retail sales fell unexpectedly in January, dragged down by the biggest decline in groceries sales since 2004, an industry survey showed on Thursday. But there was grreat news as fashion sales surged.
British consumers are downbeat about the economy's prospects next year, when higher inflation is likely to erode their spending power, despite signs that growth has remained robust since June's Brexit vote.
British retail sales grew at the fastest rate in more than a year in late November and early December, but stores fear a slowdown early next year as higher prices start to bite, an industry survey showed on Tuesday.
Growth in British retail sales slowed in November after a bumper October as shoppers waited for big discounts around 'Black Friday' at the end of the month, industry figures showed on Tuesday.
British retail sales grew at their fastest rate in more than a year earlier this month as colder weather continued to boost clothing sales, according to the CBI survey published Friday.
Facebook said it would expand its UK presence by 50 percent in 2017, joining U.S. technology peer Google in boosting investment in Britain despite the uncertainty sparked by the vote to leave the European Union.
Prices in British shops fell at a slower pace in October, potentially paving the way for outright rises early next year as the effect of a weaker currency is felt, said the British Retail Consortium.
Shoping centres must broaden their offer and smarten up their look in order to attract more shoppers to their core fashion stores says footfall tracking firm.
British companies expect a surge in output in the final quarter of the year despite a slowdown in the three months to September, the latest sign the country's economy is largely coping despite Brexit.
Retail sales growth in Ireland fell by 14% in July, dropping at the fastest pace in over four years, according to a survey from the Confederation of British Industry.