Oct 30, 2019

Warm weather kept shoppers away from Next

High Street retailer Next has blamed the hot weather for poor sales in August and September. A bellwether for the High Street, Next said sales had improved in October as the temperature fell. "Sales in September [up 1%] were adversely affected by unusually warm weather and we saw a significant improvement in October when temperatures fell," the retailer said in a trading statement. Sales in October were up 5%. Richard Lim, chief executive of consultancy Retail Economics, said that overall Next has published "Solid numbers". For the year to date, Next said stores sales have fallen 4.8% but online is up 11.1% - meaning total sales were up 3.5%..

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