Retailers Fear Shoppers Won't Part with Cash

Summary


RETAIL experts warned the key Christmas trading period hangs in the balance after figures showed high street sales growth slowed last month.

The British Retail Consortium (BRC) revealed like-for-like sales values increased by 0.7% year-on-year in November, but said underlying volumes were virtually flat once inflation was stripped out.

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Extract


Retailers Fear Shoppers Won't Part with Cash

Like-for-like sales growth dropped sl1 ightly from 0.8% in October as consumers restricted their spending because...

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