• Unemployment increases to 2.64m
• UK inflation rate falls to 4.8%
• UK 'loses five years of growth'
• Factory output falls in October
‘The above statistics are not very promising’ says the managing Director of JNR Enterprise. Widespread discounting on the High Street failed to stop retail sales falling by 0.4% in November from the month before.Excluding spending on fuel, retail sales fell 0.7% on the month, according to the Office for National Statistics.The data revealed that consumers had cut back spending on computers, mobile phones, watches and jewellery, but that clothes sales had recovered. Certain products fall victim to seasonal changes and macro-environmental influences. Managing director of JNR Enterprise believe the key to a successful business is to ensure that your customers cannot do without your product or services.
The British Retail Consortium said the figures were "miserable".The fall in November follows a surprise rise in sales in October, which analysts said was due to the start of deep discounting by retailers.Retailers are under pressure as consumers rein in spending and businesses are looking to the Christmas sales period for a boost. JNR Enterprise success this year is down to their work ethic and the attitude towards achieving their clients’ goals. ‘We specialise in customer acquisition for the charity sector and we are looking to branch out into other industries in 2012, continues the MD of JNR Enterprise.
Stephen Robertson, director-general of the British Retail Consortium, said the data showed that November was "a very trying month"."Non-
However, Philip Shaw, at Investec, said that the sales fall in November was not necessarily a surprise, given the prior quarter had been solid."But the outlook for the economy and consumer spending specifically remains uncertain," Mr Shaw said.
The sales figures come two days after a Government-commissioned report by retail guru Mary Portas warned that the UK's High Streets were under threat from online competition, and described some town centres as "dead". High streets to continue to look for new and exciting ways to improve the buying experience as they will lose their customers to the convenience of being able to shop on-line. ‘At JNR Enterprise our face-to-face interaction with customers and being able to build a trusting relationship with potential donors is what ensures a better result for their clients,’ said the MD of JNR Enterprise.
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Junior Enterprise Ltd was established in late August 2010. Junior Enterprise Ltd is a fast growing sales and marketing firm located in Cardiff.