Sales monitor shows retailers experienced their best July in seven years


Retailers experienced their best July in seven years,
according to the BRC-KPMG retail sales monitor. The report highlights that UK
retail sales jumped 2.2 percent on a like-for-like basis in July against last
year when they were up 0.1 percent in July 2012. On a total basis sales
increased 3.9 percent against a 2 percent increase in July 2012, while online
sales growth fell back to 7.9 percent compared with July 2012 when they rose
15.6 percent.

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