Tuesday, March 9, 2010

Retail sales rebound cautiously in Feb


Retail sales rebound cautiously in Feb


LONDON (Reuters) - British retail sales recovered last month from January's snow-related slide, helped by strong sales of clothing and footwear, a survey by the British Retail Consortium showed on Tuesday. The BRC said the value of sales last month was 2.2 percent higher than a year ago when measured on a like-for-like basis. That followed a 0.7 percent annual drop the previous month which was the worst January reading since the survey began 15 years ago.

source: iii.co.uk

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