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Retailers worried as Christmas sales dip


Contributed by foley on Thursday, December 07 @ 12:47:55 EST

London, 5th December, 2006: According to FootFall, an analyst that measures retail traffic, the number of visitor’s to the high-street market zones fell by 7.3% in comparison to November 2005.

Stating this year to be the worst build-up to the festive season, FootFall said that it was a “real concern” that retailers had failed to build the interest of customers despite launching early price cut. Natasha Burton, a spokes-woman, said: "We are already hearing reports that this will be the worst Christmas for over 25 years and on the evidence of this index, it could be a bad end of year for retailers who have normally relied on buoyant trading in the festive period."

The British Retail Consortium (BRC) said that sales growth was driven by food rather than general goods. With high level promotional activity failing to whet the customer’s appetite, it is anybody’s guess how the season will turn out for the retailers.

ABOUT FOOTFALL

FootFall Ltd is the leading provider of customer counting technology and statistics to various retail, and retail property sectors. It is one of the market leaders in retail pedestrian monitoring.


ABOUT BRITISH RETAIL CONSORTIUM

The British Retail Consortium (BRC) is the leading trade association that represents a whole range of retailers, such as multiples, department and independent stores. It aims to bring about policy and regulatory changes that will ensure that retailers can maintain their outstanding record on product innovation, job creation and consumer choice.

ABOUT ONLINE-UNSECURED-LOANS

It is one of the leading finance brokers offering various financial products. It offers a range of unsecured loans, such as debt consolidation, business and bad credit loans. Online-unsecured-loans is regulated by FISA and holds a Consumer Credit License.

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