After January most shops see a slump in sales, which is why it’s so important for shop owners to make as much profit as possible during the Christmas and post-season sales periods. In fact, we have recently seen a number of news stories claiming that retailers across the UK are struggling due to the fact that they have seen a huge reduction in the amount of customers.
Retailers in Scotland have particularly suffered during February, as sales decreased by one percent – a 0.3 per cent increase compared to the year before. Furthermore, like-for-like sales decreased by 2.5 per cent, meaning that not only are shop owners seeing fewer customers but the ones that they are seeing are spending less. Discussing the issue, David Lonsdale, director of the Scottish Retail Consortium, said: “These sales figures confirm that Scottish retailers experienced a challenging February. Continue reading “How UK Retailers can protect themselves from decreasing Sales”