High Street remains flat in August

Toy sales struggled in the cool, wet weather this summer, according to BRC.
Author:
Publish date:
Social count:
0
131_Shopping 300.jpg

UK retailer sales for August fell 0.6 per cent on a like-for-like basis, compared to August 2010, the British Retail Consortium has reported. Total sales rose by 1.5 per cent year-on-year.

Non-food, non-store sales growth for the month continued to rise with sales recorded at 12.6 per cent higher than the previous year.

Stephen Robertson, director general, British Retail Consortium, commented: "The retail sector's performance for August has been essentially flat, particularly bearing in mind the increase in VAT, which will be responsible for some of the growth in spending.

"It remains a tale of two halves. The food sector has proved more resilient but non-food retail showed a marked decrease in sales year-on-year."

Robertson also pointed out that the riots were not widespread or prolonged enough to have a significant impact on sales, but: "Poor consumer confidence, high inflation and the ongoing squeeze on personal finances remain the biggest threats to the retail sector."

Helen Dickinson, head of retail, KPMG, added: "For non-food, the picture is disheartening with one of the worst monthly results of the year thus far."

Results showed that poor weather over the summer resulted in disappointing sales for the outdoor leisure and toy sectors.

Related

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.

Liberty

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.