Retail sales grow in January February 12th, 2008
After 3 months of doom and gloom figures and sales increases of just 0.3% in December, January results offered a glimmer of hope. Like for like sales (excluding new stores) rose 2.6% from January 2007. The results include food sales and are also bolstered by heavy discounting. Therefore whilst sales increased the margins earned are likely to be lower than last year.
