Introduction to business
2 pages (500 words)
UK retail sales reached ?285billion in 2009 and last year, it created 12,750 full-time jobs (Prospects, 2010, p.1). A management consulting group, KPMG, predicts a tough time for the retail sector this year (Retail Bulletin, 2011, p. 1). In particular, its analysts said it will be hit by tough economic conditions with non-food retail sales likely to see a drop in like-for-like store sales volumes.