Home improvement and stockpiling boost September UK retail sales

Consumers increased spending on improving their homes and stockpiling goods in September in preparation for a tightening of restrictions, providing a boost for retailers.

Sales in the UK rose 5.6 per cent last month compared with the same period a year ago, according to data from the British Retail Consortium and the consultancy KPMG. That was above the six-month average decline of 1.1 per cent and the best annual growth rate of any month since December 2009, it found.

“September saw a big improvement in retail sales growth,” said Helen Dickinson, chief executive at the BRC, whose survey covers about 60 per cent of the industry.

“With office workers still at home for the foreseeable future, the sales of electronics, household goods and home office products have remained high,” she added. In contrast, more time spent at home and the cancellation of public events “have continued to hold back clothing

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27% surge in September home sales sets record for North Texas

North Texas home sales surged in September — up 27% from a year ago. It was the largest such annual price gain in more than a decade.

Real estate agents sold 11,408 single-family homes, a record number of purchases for the month of September, when sales typically slow.

But not this year.

Record low mortgage rates have caused a run on home buying even in the face of the COVID-19 pandemic.

Last month’s huge home sales increase is the fourth month in a row of double-digit percentage sales gains compared with 2019 levels, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems.

September’s year-over-year gain was the largest yet.

“It’s amazing that sales are up 27% over last year’s but not surprising based on what I have been hearing,” said Paige Shipp, a housing analyst for CDCG Asset Management. “D-FW

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Is your Sur La Table closing? The kitchen goods retailer is liquidating more stores by the end of September

Going-out-of-business liquidation sales are now underway at 17 additional Sur La Table stores.

Can shopping malls survive the coronavirus pandemic and more store closings?

UP NEXT

UP NEXT

The Seattle-based luxury kitchen goods retailer filed for Chapter 11 bankruptcy protection in July and announced plans to close 51 of its 121 stores while looking for a buyer for remaining locations. Five locations were listed as permanently closed in July.

According to a news release Friday, liquidation firms Great American Group, SB360 Capital Partners and Tiger Capital Group are managing the sales at the closing stores, which started Aug. 28, and the initial discounts are up to 30% off original prices, the release said. 



a store inside of a building: Sur la Table is closing at Freehold Raceway Mall.


© David P. Willis
Sur la Table is closing at Freehold Raceway Mall.

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Woodbury City Hall Remodeling Begins Week Of September 14

September 10, 2020

At its Sept. 9 meeting, the Woodbury City Council approved health, safety and security improvements to City Hall. Remodeling will begin the week of Sept. 14 and continue through at least November, with some improvements taking place into spring 2021.

About the project

The purpose of the project is to improve safety and security, and further protect public and staff health by allowing for appropriate physical distancing, along with improvements to maximize the efficiencies of the current building layout. The proposed new building layout will isolate customers and visitors primarily to the lobby area, similar to the configuration at the Public Works and Public Safety Buildings.

Public impact

City Hall will remain open during construction. However, the public is encouraged to continue conducting business with the city remotely as much as possible. City staff will be available via phone or email to help with service requests. Some

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Best Home Improvement Loans of September 2020

What is a home improvement loan?

A home improvement loan is an unsecured personal loan that you use to cover the costs of home upgrades or fixes. Lenders provide home improvement loans for up to $100,000 with rates typically between 6% and 36%.

Because you don’t put up your house as collateral for the loan, your rate is based on your credit and income information. If you can’t repay the loan, your credit will take the hit.

Should you get a home improvement loan?

A home improvement loan can make sense if you don’t have a lot of equity in your home or you don’t want to use your home as collateral.

Ideally, you can qualify for a low rate and monthly payments that you can afford for the life of the loan. Payments on home improvement loans are usually fixed, which means you can reliably schedule monthly payments into

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