The London Retail Consortium (LRC) released London retail sales for October 2005.
Retail sales in Central London during October were 2.3 percent lower, on a like-for-like basis, than in October 2004, when sales had dropped 3.4 percent. October's result was the same as the 2.3 percent fall in September, but against a much weaker comparative in 2004.
The average monthly change so far this year is a 2.0 percent decrease, much worse than the 2.7 percent increase for the same months of 2004. The three-month trend rate of growth in October improved to a 5.1 percent decrease from a 7.3 percent decrease in September as July's record fall fell out of the calculation.
Footfall fell less in October than in August and September, compared with a year ago, but trade remained difficult, with clothing in particular hit by the mild weather. London sales have been substantially worse than sales in the UK in each of the last four months.
The LRC provides a single voice for retailers, large and small, in London.
The British Retail Consortium (BRC) is the lead trade association for the UK retail industry. It is the lead trade association representing the whole range of retailers, from the large multiples and department stores through to independents, selling a wide selection of products through centre of town, out of town, rural and virtual stores.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
