Retailers are reporting sales and profit increases for the first half but forecasts suggest that the coming six months will be challenging for the high street as Government spending cuts and the VAT increase begin to hit consumer confidence. Kingfisher, which owns the B&Q DIY chain in the UK, reported a 23% profit rise to [...]
It’s been reported that the recent chill could have a negative impact on retailers with shoppers opting for the comfort of their home computer for purchasing rather than venture out to the high street…. Is this anything to worry about though? I’m not so sure. It’s expected that a percentage of shoppers will simply defer [...]