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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail & consumer

Retail sales edge up as supermarkets offset drop for clothing

Retail sector sales edged upwards in November as a drop at clothing stores was partly offset by growth at supermarkets.

Volumes increased by 0.2% month on month, following a 0.7% decline in October, according to an estimate by the Office for National Statistics.

Clothing and footwear sales dropped by 2.6%, while department store and automotive fuel sales were down by 0.7% and 0.9% respectively.

Sales at food stores increased by 0.5% in the meantime, as other non-food store volumes grew by 2.5% and household goods shops enjoyed a 1.1% increase.

“For the first time in three months there was a boost for food store sales, particularly supermarkets,” ONS statistician Hannah Finselbach commented.

“It was also a good month for household goods retailers, most notably furniture shops.

“Clothing store sales dipped sharply once again, as retailers reported tough trading conditions.”

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