09/03/2010

February Retail Sales Grow

The was a slight positive bounce in UK high street sales last month, following a marked drop in January.

UK retail sales values rose 2.2% on a like-for-like basis from February 2009, when sales had dropped 1.8%, hit by snow and consumer caution.

On a total basis, sales rose 4.5% against only 0.1% growth in February 2009.

Food sales slowed further after shoppers had stocked up during January's snow, the British Retail Consortium (BRC) said.

Lower food inflation and consumer caution also depressed sales. Non-food recovered, having been hit by January's snow, but growth was often against larger declines a year ago.

Clothing and footwear showed stronger gains than in January and homewares and furniture returned to growth.

Non-food non-store sales - internet, mail-order and phone sales - in February were 15.5% higher than a year ago compared with 14.6% in January.

The very cold and wet weather, and shoppers receiving catalogues whose delivery had been delayed by snow, helped to boost sales.

"Despite appearances, these results are not that strong," Stephen Robertson, director general of the BRC told BBC News.

"The growth is compared with very weak figures a year ago when February saw the worst of last winter's weather and this February's performance was helped by sales postponed from January - particularly sales of non-food items such as homewares and fashion."

(PR/BmcC)

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