February sales point to High Street growth

Mid-size retailers perform well and consumer demand continues to grow.
Publish date:
Social count:
5_High Street_300.jpg

Figures from the BDO High Street Sales Tracker for the month show overall like-for-like sales up by just over nine per cent year-on-year.

Sales through non-store channels increased by almost half (46.1 per cent), possibly due to bad weather discouraging people from visiting the high street.

Non-fashion like-for-likes rose by 5.7 per cent with trade during the run up to Valentine’s day lower than expected.

Don Williams, head of retail at BDO LLP commented: “These encouraging results show that the supposed big fall is not manifesting itself on the High Street. Retailers, particularly in the fashion market, have done well not to scare their customers off by not taking risks with their ranges and picking items that people really want to buy.

“Consumer demand should grow in the short term, but the market has not recovered completely and the gains we have seen are relative to very weak comparisons with last year.

"We expect that the second half of the year will be more of a struggle for the sector so retailers must focus on excelling in customer service to make sure people continue to spend money on the High Street.”


Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.


UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.