Retail Remedy today announced that the month of March 2010 saw a 4.4% increase in the retail industries overall sales, compared like for like to March 2009.
Online PR News – 19-April-2010 – – Retail Remedy today announced that the month of March 2010 saw a 4.4% increase in the retail industries overall sales, compared like for like to March 2009.
Between Good Friday and Easter Sunday in 2009 we saw a drop of 1.2%, the signs are good that a hugely damaged economy is now improving vastly. Retail food sales again brought positive news with the overall figures up on last year, but for the non-food area of the retail sector consumer caution meant only essential items were on the up and sales of items such as clothing and footwear decreased.
Homeware sales continued on the upward trend, assisted by promotions and mid-season sales. Online retail sales were on the up with a 15.9% higher figure than this time last year following hot on the heals of a 15.5% increase February this year.
In order to continue these growth patterns long term and assist in economic recovery, it is vital that key elements such as store operations are not left to stagnate, but are seen as an ongoing area of improvement by food retails across the board.
Focusing on recent success through format development, we can see just how significant an impact working alongside a retail consultancy such as Retail Remedy has on a business. Key successes to be noted in this particular case study included a sales increase of over 5%, a 12% increase in warehousing and merchandising productivity, 23% availabilty improvement and payback for initial cost outlays of new equipment achieved in just 18 days of plan implentation. Read more of this case study by visiting http://www.retail-remedy.com/Case_Studies/format_development.html .