IBDs record average (last quarter) growth of five per cent

The ACT’s latest survey has concluded that sepcialist cycle retailers are, on average, reporting five per cent sales growth in the quarter beginning September ’08.

The five per cent figure puts IBDs on par with only food and drink stores in terms of growth, while the majority of other trades are suffering sales decline.

On average, sales in December were 30 per cent higher than November’s figures.

To read the full ACT article click here.