BRC: Retail values fall in August
8th September 2009
Sales across Britain's shops rose by 2.2 per cent last month, according to new figures from the British Retail Consortium (BRC).
Food sales performed better than non-food sales, with retail values falling by 0.1 per cent on a like-for-like basis compared to August 2008.
Stephen Robertson, director general of the BRC, explained that sales growth was weaker than in previous months due to the onset of bad weather.
He said: 'It's clear the deceptively good sales growth of those months [June and July] was due to summer sun and price cuts.
'Most people are still very reluctant to spend on expensive household items - unless they're sufficiently discounted.'
Head of retail at accountancy firm KPMG Helen Dickinson warned that the decline in like-for-like sales presents many retailers with 'some serious challenges'.
Last month, the Scottish Retail Sales Monitor indicated that total sales for July were up 4.8 per cent compared to July 2008, with wetter weather blamed for slowing sales growth compared to June.