Non-food prices are still falling in the United Kingdom, but shoppers are not opening their wallets.
According to the latest BRC-KPMG retail sales monitor, published Monday, clothing and footwear sales fell 3 percent in March to achieve their largest decline since September 2014, despite increased promotional activity.
Helen Dickinson, chief executive officer of the British Retail Consortium (BRC), placed part of the blame on the earlier timing of Easter, pointing out that even food sales suffered, falling 0.7% in the last three months.
Read more at Sourcing Journal.
