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UK retail sales growth in June: BRC – News


UK retail gross sales had been down 1.3% year-on-year (YoY) in June 2019, whereas they elevated 13.1% over the 2 years (Yo2Y) in June this yr. Based on the UK Retail Consortium (BRC), that is above the three-month common progress fee of 10.4% (Yo2Y). Gross sales elevated 17% on a Like-for-Like (LFL) foundation from June 2019, a 1.6% lower from the earlier yr.

On-line gross sales play a a lot larger function in LFL, leading to a major improve in progress.

Within the three months to June, non-gross in-store gross sales totaled down 0.1% and elevated 47% on an LFL foundation.

That is worse than the full common decline of three.1% in 2019. Nevertheless, in response to a BRC press launch, over-the-counter gross sales in June (excluding non permanent closures) confirmed sturdy progress.

Within the three months to June, non-food retail gross sales elevated 12.4% on a complete foundation and 45.2% on an LFL foundation. That is above the typical decline of 1.3% in 2019.

On-line non-food gross sales grew 31.3% in June, in comparison with 1.5% progress in June 2019. That is under the 3-month common of 40.3%.

Non-food on-line penetration decreased from 49.7% in June 2020 to 39.3% in June this yr.

Fiber2Fashion Information Desk (DS)

UK retail gross sales elevated 13.1% over the 2 years (year-on-year), in comparison with a 1.3% year-on-year lower in June 2019. That is above the three-month common progress fee of 10.4% year-on-year. consortium. Gross sales elevated 17% on an identical foundation from June 2019, a 1.6% lower from the earlier yr.

UK retail gross sales progress in June: BRC

Source link UK retail gross sales progress in June: BRC



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