Article 3NQFD High street retail sales continue to disappoint in April

High street retail sales continue to disappoint in April

by
Larry Elliott Economics editor
from Economics | The Guardian on (#3NQFD)

Hopes of recovery from 'beast from the east' dashed after fifth consecutive month of weak sales

Hopes in the high street of a bounce back from poor weather-affected trading have been dashed after the CBI reported another weak month of sales for retailers.

The employers' organisation blamed the squeeze on consumer incomes and structural change in the sector for a fifth successive month of disappointing sales.

Related: High street sales feel chill from 'beast from the east'

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