This year has been challenging for retailers, to put it mildly. According to the British Retail Consortium, sales were down 1.3% year on year in September, the most recent month available, and the worst since the consortium’s records began in 1995. The summer wasn’t much better, with sales down 0.5% in August and up only 0.3% in July – itself a record low. The Centre for Retail Research says it is anticipating less than 1% growth in real terms for the year as a whole.
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Source: Phys.org