Belfast Telegraph

Currys owner optimistic as sales rise 4%

By Holly Williams

Electricals and mobile phones giant Dixons Carphone - which has more than 30 stores here - said the Brexit vote had not put consumers off from hitting the shops as it cheered "strong" trading.

The Currys and PC World owner notched up a 4% increase in like-for-like sales across the UK and Ireland in its first quarter to July 30.

Chief executive Seb James said shopper footfall had been "really strong" in the latest sign that the June vote to quit the European Union had not yet dented consumer confidence.

He added: "We continue to see no detectable impact of the Brexit vote on consumer behaviour in the UK."

But not all retailers were convinced over consumer resilience, with John Lewis managing director Andy Street revealing that he feared shopper confidence had failed to bounce back to pre-referendum levels.

Belfast Telegraph