Bleak Christmas looms for non-food retailers
by Sarah Butler from Economics | The Guardian on (#439TD)
Good news for food shops but other high-street outlets may suffer as consumers go online
Online shopping and food retailers are forecast to be the winners this Christmas as consumers keep a tight rein on spending on clothing, homewares and other non-food items.
Total retail spending is expected to rise 4% in December, compared with the same month in 2017, to reach nearly 48bn excluding VAT, according to data from the market research firm Mintel.
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