A very useful increase in customer footfall in Central London has helped to generate this exceptional rate of growth. This in turn reflects the ongoing recovery from the events of last July which retailers will be doing their best to sustain.
More Quotes from Kevin Hawkins:
These results confirm unequivocally that retail price deflation continues, with price deflation across the board showing a month-on-month decline for the third time this year.Kevin Hawkins
As China remains the greatest hope for bringing unbeatable value to our high streets, we trust the EU will keep its word on defending the rights of consumers and not just a handful of uncompetitive European producers.
Kevin Hawkins
While most larger retailers have a broad spectrum of suppliers and are not unduly exposed to China, other retailers will be forced to look at sourcing from other low cost countries,
Kevin Hawkins
While the growth in November was against a weak comparison in November 2004, it is better than many had expected and the lift out of negative territory is encouraging in itself.
Kevin Hawkins
We did not expect any change in interest rates today from the Bank of England, although clearly a further reduction in the run-up to Christmas would have been helpful to both retailers and industry in general.
Kevin Hawkins
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