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PRIVACY
Economic Development

Christmas shopping helps department stores to first rise in sales for almost a year

Spending in department stores rose 2.8 per cent year-on-year in November, having stayed in the red for 13 months in a row, data from Barclaycard showed

Bullring shopping centre

Department stores saw the first rise in sales for nearly a year last month as early festive shopping sparked hopes of a rebound for the sector, according to new figures.

Spending in department stores rose 2.8 per cent year-on-year in November, having stayed in the red for 13 months in a row, data from Barclaycard showed.

Milder weather provided a boost to the entire high street, with spending up 1.6 per cent year-on-year in stores as demand for winter clothing rose.

Clothing spend rebounded in November, up 8.1 per cent - the highest level seen this year.

But store sales growth was outpaced once more by online shopping, which leapt to 21 per cent of all spending.

So-called Black Friday last week saw spending up by more than a fifth, driven by a 41 per cent increase in the amount forked out online.

Overall consumer spending in November lifted 3 per cent, although average transaction values dropped 3.3 per cent in a sign that retailers are discounting heavily in the run up to Christmas.

Chris Wood, managing director of Barclaycard, said the Christmas shopping season had got off to a "good start", but added a note of caution.