Olympic Games fails to boost British retailers: Survey
LONDON (AFP) - The London 2012 Olympic Games failed to lift the nation's retailers, who suffered last month as Britons stayed at home to watch the event, an industry survey showed on Tuesday.
Stripping out the impact of new floor space, retail sales values sank by 0.4 per cent in August from the same month a year earlier, the British Retail Consortium said in a statement. Non-food sales were particularly weak.
That was the lowest level since November last year, excluding April, which was heavily distorted by the timing of Easter.
"The feel good factor from the Olympics failed to inspire spending," said the BRC, which represents 60 per cent of retailers in Britain.