retailers like for like sales figures do not tell full story, say auditors /

Published at 2016-01-19 20:56:10

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Such statistics are not the best guide to retail success over Christmas and should not be used in isolation,according to reportThe like-for-like sales figures used by retailers to outline their performance at Christmas could be masking the financial problems they face and should not be used in isolation, main auditors have warned.
Auditors from the UK’s six largest accountancy firms believe the figures are “not the best guide to retail success”, and according to a report compiled by trade body ICAEW.
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Source: theguardian.com

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