interestrateripoff Posted August 5, 2013 Share Posted August 5, 2013 http://www.theguardian.com/business/2013/aug/05/heatwave-fashion-sales-fall High street sales fell flat in July as consumers put their feet up in the heatwave rather than going shopping, figures show today. Retailers also appeared to lose out as a result of sporting triumphs for Andy Murray and England's cricketers that kept many viewers glued to their screens rather than out spending. Sales were negative compared with last year for two weeks of the month but surged in the final week after the main sporting fixtures finished, according to the BDO high street sales tracker. For the whole month, sales were 0% changed on July last year. They had gone up 0.7% in June. We really should a pinned merged thread with all of these continual excuses. Quote Link to comment Share on other sites More sharing options...
Coffeehead Posted August 5, 2013 Share Posted August 5, 2013 The money isn't going to disappear so next few months should be a record if their reasoning is correct. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted August 5, 2013 Share Posted August 5, 2013 Typical English reporting - left out the Welsh victory, I mean the Lions, in Oz. Quote Link to comment Share on other sites More sharing options...
SleepyHead Posted August 5, 2013 Share Posted August 5, 2013 but... but.... we were told sporting success is good for our economy? The government has made running around in a circle, to win a medal, its core economic strategy. We.re telling millions of our kids to concentrate all their time on practising how to hit a ball, so that all of them can become the ball hitting champion. We currently only have 1 gold medallist at running fast in a circle for 4 minutes, we're determined to have a million youngsters win the gold medal for that event next. Surely we can all see how incredible our economy is, now that Andy Murray has won Wimbledon. The Prime Minister was there, cheering and fist pumping. He knows how important it is to the nations wealth. Britain, a nation in over a trillion pounds of debt, concentrates it's resources on being experts in different shaped ball hitting, ball kicking, running, jumping & skipping, Quote Link to comment Share on other sites More sharing options...
billybong Posted August 5, 2013 Share Posted August 5, 2013 So even sales of the short trousers didn't boost the economy. It's definitely on its uppers. Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted August 6, 2013 Share Posted August 6, 2013 Very foolish even so to directly link the economy to retail sales. If I buy more things online that will obviously lower my spend elsewhere. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 6, 2013 Author Share Posted August 6, 2013 (edited) And in under 24hrs we have this headline!!! British retailers enjoy best July since 2006 - BRC British retailers enjoyed their best July in six years as a summer heat wave, sporting triumphs and the arrival of a royal baby gave consumers an excuse to splash out, industry data showed on Tuesday.The British Retail Consortium said the total value of retail sales was 3.9 percent higher last month than a year ago - almost double the growth seen in July last year and the best July performance since 2006. Like-for-like sales, which strips out changes in stores' floorspace, grew 2.2 percent last month, the best monthly reading since February. It's almost as if no one has any idea what they are talking about! Who else splashed out that little bit extra because the countries biggest welfare claiments had a baby? Edited August 6, 2013 by interestrateripoff Quote Link to comment Share on other sites More sharing options...
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