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Retail sales jump in February despite pressure on consumer confidence

Retail sales growth accelerated last month as fashion and homewares benefited from the easing of pandemic restrictions, according to new figures. The latest BRC-KPMG retail sales monitor revealed that total sales jumped by 6.7% in February, as the ...

08 Mar 2022 at 01:25

Shoppers ‘put brakes’ on spending due to surge in cost of living

Consumers have “put the brakes” on their shopping habits due to the soaring cost of living, according to figures. The latest BRC-KPMG retail sales monitor revealed that sales dipped in April after a sharp downturn in consumer confidence. Separate ...

10 May 2022 at 01:25

Inflation drives retail sales growth but shopper budgets remain under pressure

High inflation continued to support retailers in April but soaring prices meant shoppers bought fewer products during the month. The latest BRC-KPMG monthly retail sales monitor reported that retail sales grew 5.1% in April, compared with a 0.3% ...

09 May 2023 at 00:01

Confident consumers boost retail sales in August

Rising consumer confidence boosted retail sales in August as slowing inflation offered some hope for the all-important Christmas season. Total UK retail sales were up 4.1% on last August, above the three-month average of 3.6%, according to the ...

05 Sept 2023 at 00:01

City

Retail sales fall for third straight month as inflation hits spending – report

Retailers are seeing sales tumble at a rate “not seen since the depth of the pandemic” as shoppers rein in spending in the face of soaring inflation, according to a report. The latest monthly BRC-KPMG retail sales monitor showed total retail ...

12 Jul 2022 at 09:57

Bank holidays fail to boost sales growth amid ongoing inflation worries

May’s trio of bank holidays failed to get shoppers spending as sales growth slowed to its lowest level in six months, latest figures show. Total UK retail sales increased by 3.9% last month, against a decline of 1.1% in May 2022 and below ...

06 Jun 2023 at 00:01

Retail sales boosted by warm June weather

Retail sales received a warm weather boost in June as consumers splashed out on swimwear and outdoor furniture. Total retail sales were 4.9% higher than last June – and above the three-month average growth of 4.6% – as the hot weather ...

11 Jul 2023 at 00:01

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