According to the figures exhibited by the British Retail Consortium, the retail sales during the last month has witnessed a surge at a higher level.
Online PR News – 14-April-2010 – – According to the figures exhibited by the British Retail Consortium, the retail sales during the last month has witnessed a surge at a higher level. The easter season is figured as the reason for this enthusiasm.
The figures show that there was an increase of 6.6% in retail sales during the month of March in comparison with the statistics of same period in last year.
However, as per the statement provided by BRC, the strength was not recorded in the market if seen with the exclusion of Easter trading and uncertainty was recorded at the same time.
With the increase of retail sales in awe of Easter, many lenders would also be getting the leads for short term cash loans, which mostly remains in demand for tackling regular short term expenses.
There was another survey conducted which shows that there were several retailers who entered into administration during the initial three months of the year.
According to the survey conducted by Deloitte, during this period total 44 retailers fell into the administration. This figure is seen as 65% lower in comparison with the same period since year 2006.