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UK retail sales hit by bad weather again | UK retail sales hit by bad weather again |
(35 minutes later) | |
Retail sales in April were 1.3% lower than in March as bad weather continued to dent spending. | Retail sales in April were 1.3% lower than in March as bad weather continued to dent spending. |
The Office for National Statistics (ONS) also said retail sales volumes last month were 0.5% higher than a year earlier, much less than expected. | The Office for National Statistics (ONS) also said retail sales volumes last month were 0.5% higher than a year earlier, much less than expected. |
The ONS said that sales of garden furniture and barbecue food were especially hard hit last month. | The ONS said that sales of garden furniture and barbecue food were especially hard hit last month. |
Total food sales plunged 4.1% in April, their largest monthly fall in almost two years. | Total food sales plunged 4.1% in April, their largest monthly fall in almost two years. |
"Feedback from large food store retailers suggested that the cold weather continued to impact on sales," said the ONS. | "Feedback from large food store retailers suggested that the cold weather continued to impact on sales," said the ONS. |
"In particular, the weather hindered sales within their spring and summer ranges." | "In particular, the weather hindered sales within their spring and summer ranges." |
At the same time, consumers used the internet to do their shopping rather than venturing outside. | At the same time, consumers used the internet to do their shopping rather than venturing outside. |
"The overall proportion of non-seasonally adjusted online sales remained high at 10%, reflecting feedback from large retailers, which suggested that during the continued cold weather consumers purchased from their online sites rather than in-store," the ONS added. | "The overall proportion of non-seasonally adjusted online sales remained high at 10%, reflecting feedback from large retailers, which suggested that during the continued cold weather consumers purchased from their online sites rather than in-store," the ONS added. |
Analysts had expected little or no monthly decline in retail sales. | |
"Retailers are not out of the woods yet. While the UK economy managed to avoid a triple-dip recession, the retail sector is still struggling to make a sustained comeback," said Peter Saville at advisory and restructuring firm Zolfo Cooper. | |
"Disappointing results at some of Britain's biggest chains underline the competitiveness of the market and the importance of understanding your customer base. | |
"However, with indicators suggesting that consumer confidence is on the rise, there is certainly an opportunity for retailers to capitalise on this and drive growth within the UK economy." |
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