Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.K. Retailers Saw January Sales Rise 0.2%, BDO Survey Shows

Don't Miss Out —
Follow us on:

Feb. 6 (Bloomberg) -- U.K. mid-sized retailers saw their sales rise 0.2 percent year-on-year in January, according to BDO LLP’s High Street Sales Tracker.

The index, which covers retailers with sales between 5 million pounds ($7.9 million) and 500 million pounds, saw non-fashion sales increase 2.4 percent, while fashion sales fell 0.8 percent.

“Overall, these figures are better than expected,” BDO’s head of retail and wholesale, Don Williams, said in an e-mailed statement. “Behind the numbers we are seeing an increasing polarization in the performance of high street retailers. The chasm between the high performers and the strugglers is widening every month.”

A separate survey by PriceWaterHouseCoopers found U.K. households reduced their unsecured borrowing by an average 355 pounds during 2011. It now stands at 8,000 pounds per household.

To contact the reporters on this story: Robert Hutton in London at rhutton1@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.