Bulletin

Tech-savvy shoppers splash out on gadgets

Tech-savvy shoppers splash out on gadgets

Data from property group Hammerson has reported a 0.4% increase in sales across its shopping centres last month. There was a rise of almost 28% in purchases of 'sound, picture and technology' gadgets, the biggest like-for-like increase in nine months.

The positive Retail Tracker for April also showed a 27% surge in holiday bookings, particularly to long-haul destinations.

The data contrasts with the British Retail Consortium's announcement that April saw the sharpest drop in sales in eight months, a decline of 0.9%, and it expects trading to remain tough as consumers focus their spending on events and experiences rather than items.

However, Office for National Statistics figures showed a 4.3% rise year on year during the month.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Spain

Santander takes 12 UK food and drink manufacturers to Spain on one of our successful trade missions. Adam Payne in the international team…

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Getting a taste for Spain!

Santander takes 12 UK food and drink manufacturers to Spain on one of our Trade Missions. Alicia Ferrero Vega in the International team…

Bulletin

Where Next?