THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Retail sales in Scotland remain flat

Figures from the Scottish Retail Consortium have revealed that there was no change in the value of retail sales in Scotland in June. Like-for-like sales were 1.8% lower than a year ago, when they had fallen 1.1%. Total sales showed zero growth on June 2010, when they had increased 1.7%.

GENERAL MERCHANDISE

Retail sales in Scotland remain flat

Figures from the Scottish Retail Consortium have revealed that there was no change in the value of retail sales in Scotland in June. Like-for-like sales were 1.8% lower than a year ago, when they had fallen 1.1%. Total sales showed zero growth on June 2010, when they had increased 1.7%.

On a like-for-like basis, SRC said food sales showed a similar year-on-year decline to May's fall. Non-food sales improved slightly, due to retailers starting clearance sales earlier than usual, but were well down on a year ago. Big-ticket housing-related purchases continued to sell slowly.

As in the UK both like-for-like and total sales fared less badly in June but underlying trends were little changed. Consumer confidence fell much more sharply in Scotland than in the UK as a whole and remained much weaker.

Richard Dodd, Scottish Retail Consortium head of media, said: "When zero sales growth is an improvement you know times are tough. In fact overall sales were not even that good when the effect on spending figures of inflation and higher VAT is factored in.

"Food sales growth slipped slightly on May. The slight revival BRC found that as in the UK, both like-for- overall was driven by non-food sales, helped by price cuts and earlier clearance events but sales were again down on a year ago, just not as badly as the previous month.

"Scotland's results were also weaker than for the UK as whole. Consumer confidence is lower and falling faster as cuts concerns catch up with Scottish customers and sunny weather was rare."

David McCorquodale, head of retail in Scotland, KPMG, said: "The figures for June are deeply disappointing and it may be that we are starting to see an indication of a longer-term trend. In May total sales fell by 1.1 per cent, the largest drop since records began, while last month saw flat sales year-on-year which obviously is not good news for retailers."


Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues