Monday May 12th 2008
The Retail Bulletin - Retail News
register
Search

You are here: News / Retail sales in food stores drive growth

Thursday March 20th 2008

Retail sales in food stores drive growth

Retail sales volume in the three months December to February rose by 1.0 per cent compared with the previous three months. This follows 0.7 per cent growth in the three months to January.

Three-monthly growth in sales volume was 1.0 per cent for predominantly food stores, while sales in predominantly non-food stores rose by 0.2 per cent. Sales in the non-store retailing and repair sector rose by 7.3 per cent. Sales in non-specialised stores (which includes department stores) fell by 3.6 per cent, the largest decrease since the series began in 1986.

Total sales volume in the three months to February was 4.7 per cent higher than the same period a year ago. Sales for predominantly non-food stores rose by 5.3 per cent, while sales volume for predominantly food stores rose by 2.0 per cent, the largest growth for this sector since May 2007 (2.0 per cent). Sales volume for the non-store retailing and repair sector rose by 18.6 per cent, the largest growth since the series began in 1986.

On a monthly basis, total sales volume increased by 1.0 per cent between January and February. Sales volume for predominantly food stores increased by 1.6 per cent, the largest increase for this sector since June 2006 (1.9 per cent). Sales volume for predominantly non-food stores increased by 0.5 per cent, with sales for household goods stores decreasing by 4.2 per cent, the largest decrease for this sector since February 2000 (-4.5 per cent).

The non-seasonally adjusted value of retail sales for the three months to February was 2.6 per cent higher than in the same period a year earlier. The average weekly value of sales in February was £4.9 billion, 6.6 per cent higher than in February 2007. Sales by predominantly food stores rose by 7.6 per cent over the year, the largest rise for this sector since January 2002 (7.8 per cent). This compares with 4.8 per cent growth for predominantly non-food stores and 13.4 per cent growth for the non-store retailing and repair sector. Sales by other non-food stores rose by 11.6 per cent, the largest rise for this sector since April 2002 (11.6 per cent).


Tagged as: ons

Text size: A | A | A

Share this article:




Add to Technorati Add to del.icio.us bookmarks Digg this Post this story to Blinklist Post this story to Furl Post this story to Reddit Post this story to Newsvine Post this story to Slashdot Post this story to StumbleUpon Bookmark with Google Post this story to Facebook

Should your colleagues be reading the Retail Bulletin?
Let them know about us.

Receive free news alerts, click here

 

Categories
Featured retail jobs
Retail jobs search
12583 jobs online
Job title
Location
Minimum salary
Suppliers Guide
Search for a supplier...
Register for free news alerts
Related Articles
Monsoon arrives at Cricklade Street Cirencester
Posted: 08.05.08
Only the most sustainable of products will survive
Posted: 08.05.08
East of England Co-op commits to carrier bag
Posted: 06.05.08
Around 18,000 Credit card applications rejected every day
Posted: 02.05.08
Share prices
Biggest rises
Name Price Change
ECV 6.13p 8.89%
MOSB 47.00p 2.73%
SMWH 442.50p 1.78%
CVSG 262.00p 1.35%
VTU 40.00p 1.27%
ABC 419.00p 1.21%
Biggest falls
Name Price Change
KGF 145.00p -0.14%
FCCN 88.25p -0.56%
GFRM 77.00p -0.65%
GMG 298.00p -0.67%
HFD 287.50p -0.69%
TSCO 426.75p -0.76%
RSS channels
Add to Google
Add our retail
news gadget
to
your Google
home page