Retail volumes rose by 0.7% giving cheer to beleaguered high street merchantsEngland’s extended World Cup run and the summer sunshine gave an unexpected lift to retail sales in July as consumers spent heavily on supermarket food and drink.
Heavy discounting by clothing stores also brought shoppers back to the high street to reverse a decline in sales in June.
Maplin,Toys R Us and Jacques Vert fill all collapsed in recent months, but a raft of retailers and restaurant groups are facing financial problems and are trying to shut stores or negotiate rent cuts.
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Source: theguardian.com