Sales 'fail to boost High Street'
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The January sales failed to help the UK High Street recover from a poor Christmas season, a survey by the British Retail Consortium finds.
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Merchants say sales arm of popular auction site hasn't drawn expected online crowds.
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Sales rise, but earnings and margins are on the fritz.
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Sales figures just don't measure up to the company's valuation.
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Sales at major US retail chains edged barely higher last week, likely crimped by high gasoline prices, a survey showed.
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Record sales discounts are predicted on the High Street as retailers try to recoup low Christmas profits.
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Warnings of a poor Christmas for High Street retailers in the UK are unduly pessimistic, according to accountants Deloitte &Touche.
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By INTERVIEWS BY Daisy Hildyard  British shoppers spent [pound]150m on the internet last Monday, as high street stores admitted their sales were down. Are we all online shoppers now?    Rob Harris, 25    CHEMIST   Car insurance.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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UK High Street sales fell more sharply than expected - dropping by 0.4% in July, official figures show.
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Two UK clothing retailers, Next and French Connection, warn that there are tough times to come on the high street.
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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Christmas sales in Britain appear set this year for another bonanza, but fewer retailers are likely to share in it amid signs consumer spending is wavering, a study said.
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Lately, the company's retail operation has been lagging behind sales of its locations.
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Same-store sales for the month come in short of the company's forecast.
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Retail sales rose only 0.2 percent in October after a 1.6 percent increase in September, the Commerce Department said. Automobile sales declined 2.2 percent after climbing 4.3 percent in September when buyer incentives were restored.
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Retail sales slowed last month, official data showed Thursday, as the country&#39;s wettest June on record kept consumers away from the highstreet.