9/3/12, "Retail sales 'hurt by Olympics' in August," BBC
"Retail sales in the UK were lower in August as the popularity of the Olympics hit traffic at stores, a survey has shown. Retail sales fell 0.4% on a like-for-like basis from the same month last year, according to the British Retail Consortium (BRC).
Excluding Easter, it was the weakest month since November.
"The feel good factor from the Olympics failed to inspire spending," the BRC said.
In particular, online shopping grew 4.8% in August, the lowest increase since the BRC started collecting the data in October 2008.
"There's no evidence here of any Olympic boost to retail sales overall," said BRC director general Stephen Robertson....
Shops in central London saw a sharp drop in visitors during the Olympic Games."...
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