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January 11, 2005
10-year low for Christmas sales
It;s official: retail sales over the Christmas period were the lowest for 10 years, according to the BBC report Festive sales 'worst in 10 years'.
According to the British Retail Consortium (BRC) chief executive Kevin Hawkins:
"These figures represent the worst Christmas for retailers in the last decade," said BRC chief executive Kevin Hawkins.
"The lack of consumer confidence created by uncertainty over the economy and housing market dominated December and remains a strong concern for the sector as it shows no sign of abating in the immediate future."
Posted by at January 11, 2005 08:59 PM
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