Partly Cloudy

Partly Cloudy

max temp: 12°C

min temp: 9°C

Search

UK high street sees sales growth for second consecutive month in September

Retail sales grew in September. Picture: ANTONY KELLY

Retail sales grew in September. Picture: ANTONY KELLY

Archant Norfolk 2016

The UK high street had its best September for five years as shoppers proved they are willing to spend in the build-up to the Christmas season.

According to accountancy and advisory firm BDO’s High Street Sales Tracker, overall like-for-like sales increased by 2.9% last month – the best growth for any single month since April 2014.

Some department stores reported that consumers are already shopping for early Christmas presents, boosting the lifestyle and gifting sectors.

Despite reports of low footfall, BDO’s figures showed sales of lifestyle goods were up 3.6% and well-received Autumn fashion lines helped improve clothing sales by 2.7%.

Non-store sales also leapt by 30.4% year-on-year – the biggest increase since January 2015 – with retailers again citing early Christmas shopping as a factor.

The positive September figures follow the high street enjoying its best August in almost two years as the weak pound led to an influx of British “staycationers” and overseas tourists.

Sophie Michael, head of retail and wholesale at BDO, said: “Two consecutive months of positive growth will be a welcome relief for retailers following challenges seen in Autumn in prior years.

“Pulling off the best September sales growth for five years is a great result for the high street at the start of this critical trading period.

“In a month when footfall is down, positive like-for-like sales figures demonstrate that shoppers are willing to spend. The favourable weather patterns in September cannot be ignored, particularly for fashion, but this result will be encouraging for retailers as we enter the final quarter of 2017.”

Search hundreds of local jobs at Jobs24

Audit, tax and consulting firm RSM has appointed Laragh Jeanroy as the new managing partner of its 122-strong Bury St Edmunds office from October 1.

The company which runs Foxhall Stadium in Ipswich has been ordered to pay £118,000 after it admitted breaching four health and safety standards which jeopardised public safety.

Businesses from across north Essex have helped boost a fund to raise money for a youngster with a rare form of muscular dystrophy by more than £2,300.

A scheme designed to boost business and jobs in designated areas has been backed by the government.

A Norwich-based data centre has crossed county lines by teaming up with an Ipswich IT firm to protect its business in the case of a cyber-attack or disaster.

Management Jobs

Show Job Lists

Most read

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24