Poll: Cycle retail sales in April
Posted on in Cycles News , Polls & Results
Retail sales fell by 2.4% in April on a like-for-like basis vs. the same month last year. How did cycle sales compare?
The British Retail Consortium attributes the drop in sales to the timing of Easter this year, sales on Britain's high streets held firm despite uncertainty over the general election result.
In 2014 Easter was in April, this year it fell in March, although April's warm weather did encourage shoppers to spend on spring/summer apparel.
However, the figures showed total non-food sales grew by 3.2% over the three months to April with homewares the only category to show a dip in sales.
Helen Dickinson, Director General for the BRC said "While the early Easter this year heavily distorted April's figures, across all categories, we see the best three month average year-on-year growth since June of last year; a clear indication that confidence among consumers is slowly improving and that despite profitability being under intense pressure due to changes in shopping habits and promotional activity, retail remains a robust pillar of the economy."
How did the cycle retail sector compare? Let us know by taking part in this month's poll.