Shop sales bounce back after Olympics
THE high street has bounced back in sales after last month’s Olympics disappointment.
The latest CBI survey, covering the first two weeks of September, showed 33 per cent of retailers saw sales rise year-on-year against 27 per cent reporting that sales declined – a balance of 6 per cent.
The result marks a turnaround on the minus 3 per cent result, when London 2012 failed to deliver the feel-good factor retailers had hoped for.
Britain’s shops expect the sales revival to continue into the autumn.