Perspective Newsletter

Perspective
Newsletter

If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Steady growth for Scottish retail

13 June 2013

Scottish retail sales were "slow but steady" in May, according to new figures from the British Retail Consortium. 

Volumes were up by 0.8 per cent compared to the same month last year, but were down by 0.5 per cent on a like-for-like basis.

However, when shop price deflation is taken into account, total May sales represented an increase of 0.9 per cent in real terms. 

This news has been welcomed by Jonathan Flynn, retail consultant at Odgers Interim. 

He commented: "Any growth in retail sales in the current climate is encouraging; however retailers are still cautious in their outlook."

Mr Flynn added that consumers remain very measured in their approach to spending and will expect their money to go further. 

He said the public are making retailers work harder than ever for their sales and even well established brands cannot afford to be complacent.

The Odgers consultant believes promotional activity and customer experience will be crucial to secure sales in this volatile market.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com


Categories: Retail

Comments

No comments have yet been posted, be the first to comment by using the form below:

*
* CAPTCHA
*