Retail Sales affected by Wet Weather

9 09 2008

According to the figures released by the British Retail Consortium, retail sales fell for the third consecutive month as the wet weather kept most of the shoppers indoors. Like-for-like sales for August were 1% lower than last year. DIY and gardening product sales fell due to the wet weather. However, furniture and home ware product sales fell the most.

 On the other hand, the appalling weather conditions and the fact that many are avoiding eating out due to tightening budgets, meant that many preferred to cook at home which in turn saw the sales of food and drink grow significantly.

http://uk.reuters.com/article/businessNews/idUKL89821720080908

http://www.londonstockexchange.com/en-gb/pricesnews/investnews/article.htm?ArticleID=18770586

http://business-easy.blogspot.com/


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