UK retail sales rose in June this year by 13.1 per cent year on two years (Yo2Y) against a decline of 1.3 per cent in June 2019 year on year (YoY). This is above the three-month average growth of 10.4 per cent (Yo2Y), according to the British Retail Consortium (BRC). The sales increased by 17 per cent on a like-for-like (LFL) basis from June 2019, when it had fell by 1.6 per cent from the preceding year.
Online sales play a far greater role in LFL, so has increased the growth rate significantly.UK retail sales rose in June by 13.1 per cent year on two years (Yo2Y) against a fall of 1.3 per cent in June 2019 year on year.This is above the three-month average growth of 10.4 per cent Yo2Y, says the British Retail Consortium. The sales rose by 17 per cent on a like-for-like basis from June 2019, when it had fell by 1.6 per cent from the preceding year.#
Over the three months to June, in-store sales of non-food items declined 0.1 per cent on a total and increased 47 per cent on a LFL basis.
This is worse than the 2019 total average decline of 3.1 per cent. However, for June, the total in-store sales and the like-for-like sales (excluding temporarily closed stores) saw strong growth, a BRC press release said.
Over the three-months to June, non-food retail sales increased by 12.4 per cent on a total basis and 45.2 per cent on an LFL basis. This is above the 2019 total average decline of 1.3 per cent.
Online non-food sales increased by 31.3 per cent in June against a growth of 1.5 per cent in June 2019. This is below the 3-month average of 40.3 per cent.
Non-food online penetration rate decreased from 49.7 per cent in June 2020 to 39.3 per cent this June.
Fibre2Fashion News Desk (DS)
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