Retailers fear snow will take shine off positive start to year



BRITAIN'S under-pressure retailers enjoyed a surprisingly robust start to the year before snowstorms brought much of the country to a standstill, according to the latest snapshot on the health of the sector.
The CBI’s distributive trades survey said a balance of 17 per cent of retailers reported ­improved sales volumes in the first two weeks of January, beating expectations for a rise of 10 per cent, but it is feared the month as a whole will have suffered because of adverse weather in recent days.
Markit chief economist Chris Williamson warned the survey painted an “overly rosy view” of... read more

 
25 January 2013 in Business, Views: 12
Source: Scotsman
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