TRADE NEWS FEBRUARY 2010 Retailers experience sales growth in February Online retailers to benefit from universal broadband Retailers face disproportionate utility costs Counterfeit goods seized in Norfolk BPF calls for public debate on CVAs NFRN quits JIG Tories reveal new supermarket planning laws NI independent fashion retailers folding Clothing retailers buck sales trend Isle of Man Tesco could 'impact' independent retailers Asda expansion threatens independents Scarborough's independent shops suffer rise in closure rate Small retailers 'not understanding shoppers' needs' Oxfordshire retailers come together to encourage local trade Scottish retailers left exposed to business rates UK retailers facing closure epidemic Computer chip counterfeiter prosecuted Village Shop of the Year named Family furniture retailer sees sales soar Counterfeit goods recycled Retailers receive grants to bolster security Inflation slow as retailers ignore VAT rise Uncertainty over economic policy Britons are biggest online shoppers   European visitors to The Wholesaler please click here   What’s New At The Wholesaler UK New Categories added recently Wholesale Fabric Tents and Camping Equipment Nautical and Marine Gifts Wholesale Golf Products Fireside Nostalgia, Nostalgic gifts, retro and vintage Wholesale Haberdashery Trade News Archive 2009  January   February   March   April   May   June   July   August   September   October   November   December Subscribe to our newsletter   Go to The Wholesaler UK Directory   26th February 2010 Retailers experience sales growth in February UK retailers posted their strongest sales growth in two years, it has been revealed. According to the Confederation of British Industry (CBI), Britain's high streets bounced back from what was largely a poor January, surpassing expectations of a flat February with good sales. Its latest Distributive Trades Survey reveals that 46 per cent of retailers said sales volumes in early February were up on the corresponding period for 2009, while 23 per cent said they were lower. The balance of +23 per cent is a marked improvement on January's - 8 per cent. However, Andy Clarke, chairman of the CBI Distributive Trades Panel, said that the long-term expectation for sales was not as strong as the short-term figures might have suggested. He said: "Retailers don't think February’s growth spurt will be matched in March, but the sector can take some reassurance that job losses are easing off and capital expenditure plans are stabilising. "While retailers see some growth ahead, the road to recovery through 2010 is likely to be fragile." © 2010 Comment on this news story   Trade News Archive 2008  December   November   October   September August   July   June   May   April   March   February   January