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 04/11/2014Retail Week, Jennifer Creevy - Nearly 70% of retailers believe Christmas will be better than last year  
 
 

UK retailers believe Christmas will bring better trading than last year

 
 Retail Week reports that according to a Barclays survey of 300 UK retailers, nearly 70% believe Christmas will bring better trading than last year owing to an improving economy and healthier year of trading. This compares with 52% of retailers last year who were positive on that year of Christmas trading.
Barclays head of retail and wholesale Richard Lowe said: "2014 has been a good year for many retailers thanks to heightened consumer confidence and this is clearly reflected in their brighter outlook for the Christmas season."
The report also found that UK retailers are continuing to embrace the US tradition of Black Friday, with 65% planning promotions on November 28.
 
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