U.K. Retail Sales Rise on Food as Black Friday Falls Short
- BRC says food drove 0.6% increase on like-for-like basis
- Non-food sales slump as squeezed consumers hold off spending
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U.K. retail sales rebounded last month, fueled by higher food spending as Black Friday sales failed to tempt enough British shoppers to open their wallets for other things.
The British Retail Consortium said sales rose 0.6 percent on a like-for-like basis after slumping the most in seven months in October. They climbed 1.5 percent in total terms.