For The First Time In The Past Two Years, Retail Sales In Britain Have Shrunk For The First Time.

Retail sales in the same store dropped 1.6% in March 2008 compared with 3.9% in March 2007.

This is the worst sales performance since July 2005, and the cold weather in 2005 affected the sales in March of that year.

Easter early this year, coupled with the extreme weather out of season, and school holidays spanning several weeks, are relatively difficult.

Easter consumption this year appeared in March. Last year in April, under normal circumstances, this year's sales year should be increased.

After two months of continuous growth, sales of clothing and shoes dropped to a 8 year low in March.

Sales of household goods and furniture continued to shrink, despite repeated sales promotions.

Consumer confidence has dropped to a new low.

With the expansion of family budget demand, shoppers have a high sense of price and are unwilling to buy expensive products.

Therefore, we must cut prices to attract consumers to buy.

Consumers have formed a very serious economy and are becoming more and more concerned about the future.

Recent retail earnings warn that trading will be very difficult, but retailers are returning to the market at a low price.

Tight sales of consumers and bad weather on Easter led to a decline in demand for DIY, horticultural retailers, clothing, shoes, high priced products (household appliances and furniture), but almost all sectors except food had shrunk year by year.

Obviously, consumers are saving money.

clothing

Clothing sales fell year by year for sixth consecutive months to 8 years low, although businesses greatly let the price promotions.

In recent months, children's wear is better than women's wear and men's wear, which shows that consumers spend limited funds on basic products and reduce casual consumption.

High price clothing and clothing consumption is better than spring and summer clothing, because the cold weather is not conducive to the sales of spring and summer clothing.

The designer of high-end market has shown a bright and slow growth trend.

shoes

Sales continued to decline, down from the level at the beginning of this year, the largest decline in the past two years.

Many people find that even big price cuts and promotions do not attract consumers, or even children's shoes are less than a year ago.

The weather is rainy and low temperature. The sales of shoes and sandals are slow in spring and summer, and the sales of high legged boots and short boots are also good, but prices often drop.

The reduction of discretionary spending means that consumers will prefer fashion casual clothes.

But high priced designer shoes still sell well.