Rate Freeze Plea As High Street Sales Dip

Daily PostMarch 11, 2009

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Summary


RETAILERS suffered "disappointing" sales last month as winter discounting ended and snow set in.

The value of sales fell 1.8% on a like-for-like basis in February compared to a year ago, showing January's surprise sales rise to be "just a discount-driven blip", according to the British Retail Consortium (BRC).

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Rate Freeze Plea As High Street Sales Dip

Its latest BRC/KPMG Retail Sales Monitor showed growth in comparable...

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