Drop in Late Summer Sales Casts Cloud Over Recovery Hopes

Summary

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Hopes of a high street recovery have been branded "premature" after figures showed an early summer sales revival ran out of steam during August.

Like-for-like sales were back in negative territory - down 0.1 per cent - over the month, the British Retail Consortium's latest sales monitor showed. The disappointing result came as sales of clothing and footwear slid back and the brief recovery in furniture and homewares faltered.

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Extract

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Drop in Late Summer Sales Casts Cloud Over Recovery Hopes

BRC director general Stephen Robertson said: "The stronger figures of Ju...

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