Weather hits spending
Sales of summer clothes hit hardest
Sky news are reporting that for the month of July, retail spending in the clothing sector took a big hit due to the poor weather. All categories of clothing contracted in what is normally a busy month for retailers. The reduction in footfall in stores appears to have been particularly affected by the poor weather as consumers opted to stay home rather than venture out into the rain. If it wasn’t for online, it is highly likely that this contraction would have been much larger.
The government is working to halve inflation by the end of this year in a bid to improve growth and recent signs have shown that their strategy may finally be starting to have an effect, something which families will be relieved to see, albeit later than most would have hoped.
In more positive news, the IMF had already upgraded their forecast for the UK’s growth over the next few years and predicts that it will outperform France, Germany and Italy. Regardless of whether their forecast is accurate, which remains to be seen, it does confirm that the markets are reacting positively to the governments’ plans, which can only be a good thing.
Either way, you can help protect your business from the weather by offering clients an online option, and we can help you by providing real, live customer service at the click of a button.
Contact us today to find out more about how Live Web Chat can help you convert website visitors into paying clients. You can find out more about what we offer on our website, or by calling us on 01273 741113.