High street retailers facing critical financial issues

Nearly high street 140 retailers are in a “critical condition” despite Christmas being their peak trading time, business recovery firm Begbies Traynor has said.Its UK business solvency survey found 13,700 more firms were in distress, a 35% rise in the quarter to December. Begbies Traynor has predicted a rise in the number of both national […]

January 15, 2013 · Home Based Jobs · Comments Closed
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UK retail sales rise only 1.4%- official figures

UK retail sales volumes rose by only 1.4% in May from April according to offical statistics.Sales had slumped 2.3% in April, thanks to the wet weather and consumers panic-buying petrol in March. The Office for National Statistics (ONS) said sales of clothes and shoes had boosted volumes in May. A monthly rise of 1.2% had […]

August 21, 2012 · Home Based Jobs · Comments Closed
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Wettest summer hits retail sales

UK retail sales are being hurt by the wet weather, the British Retail Consortium (BRC) has said.Like-for-like sales fell 3.3% from the same month last year, led by women’s and children’s wear. Worst hit were sales of footwear, which recorded their largest decline since January 2008. There was more gloomy news for the High Street […]

July 19, 2012 · Home Based Jobs · Comments Closed
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