The official figures have come as something of a surprise – UK retail sales rose unexpectedly last month, official figures have shown.
Total sales volumes climbed 0.3% in November from the previous month, the Office for National Statistics said. Sales were up 1.5% from a year ago.
See the BBC News website for the full story.
I think the big issue not addressed in this feature is profit margins. Given the high level of discounting many retailers will be reporting very low profits.