June retail sales fall

New retail figures show increased sales in May could have been an 'early summer blip'.
Publish date:
Social count:

The British Retail Consortium's most recent retail figures have shown that June's retail sales values fell 0.4 per cent on a like-for-like basis compared with June 2007.

Sales have now been lower than a year ago in three of the past four months making it the worst summer since 2005. Last month's fall has been blamed on changeable weather after May's warm sun.

A few sunny days and clearance events have helped some retailers but underlying trade has remained tough and consumer confidence has continued to fall, reaching new record lows.

With increasing demands on household budgets and the weakness of the housing market, shoppers are becoming increasingly price-conscious and reluctant to spend on big-ticket items.

Stephen Robertson, Director General of the BRC explained, "The negative result confirms fears May's modest like-for-like growth was a start-of-summer blip. While total retail sales frew in June, that was by less than half last month's figure."

He continued, "Retailers are doing all they can to reassure customers, offering some of the strongest discounts and promotions in decades and keeping a lid on inflation."


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.