Glasgow Interactive Discuss Retail Sales Rebound

GLASGOW, Scotland - June 6, 2013 - PRLog -- Glasgow Interactive
info@glasgowinteractive.co.uk

Glasgow Interactive Discuss Retail Sales Rebound

Glasgow, UK, June 2013 – Glasgow Interactive were pleased to learn that an industry survey this week revealed British retail sales rebounded in May, exceeding their average growth rate over the previous year.

The high street bounced back to sales growth in May as offers and discounts tempted shoppers into stores, according to figures from the British Retail Consortium. This is a positive sign for all local business that economic recovery may be starting to take root.

The BRC figures show that sales were up 1.8% on the same period in 2012, with online spending helping businesses to shift stock left over during a slump the month before. April saw sales fall at their fastest rate for a year.

Director general of the BRC, Helen Dickinson, said it was a good result for retailers as they contended with changeable weather patterns and the continuing subdued UK picture.

"The signs are that temporary discounts and offers worked well to tempt shoppers into stores and clear some of the stock that had been slow to sell during the preceding months," she said.

But volatile economic conditions mean that this will remain a delicate balancing act for some time to come."

“While sales didn’t soar through the roof, this is still a very creditable performance from UK retailers,” said David McCorquodale, head of retail at accountants KPMG, which sponsors the survey.

Last month the Bank of England raised its growth forecasts and cut its inflation outlook for the first time since the financial crisis, suggesting some of the pressure on households’ disposable income may be easing.

Glasgow Interactive are direct sales and marketing specialists who solely focus on offering discounted products and services in this time of economic hardship. The team are delighted at May’s results and welcome a boost for hopes of a sustained recovery in the wider economy.

For additional information, contact a member of the Glasgow Interactive administration team at info@glasgowinteractive.co.uk

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