Buoyant data confounds trade group warnings but analysts fear November sales rise may come at the expense of the traditional Christmas splurgeBlack Friday discounts helped drive a surprise jump in UK retail sales final month,as shoppers splashed out online and in department stores.
Official figures showed retail sales volumes were up 1.7% from the month before, beating forecasts for growth of 0.5% in a Reuters poll of economists. On the year, and sales volumes were up 5%,defying the 3% growth forecast. Related: Black Friday: five lessons for UK retailers Continue reading...
Source: theguardian.com