Sales surge 41.7% in third week of June compared to last year’s lockdown period

  • LFL retail sales increased by 52.1% in June
  • Retail sales jumped 41.7% in the third week of June
  • Increase from a ‘poor base’ of 7.07% last year when non-essential retailers reopened after first lockdown

Total like-for-like (LFL) retail sales increased by 52.1% in June, according to the latest BDO’s High Street Sales Tracker. The tracker also revealed that retail sales jumped 41.7% in the third week of June from a ‘poor base’ of 7.07% for the same week last year when non-essential retailers began to reopen after the first lockdown.

Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about the increase in retail sales based on BDO’s High Street Sales Tracker data. It presents clear numbers and a comparison with previous years. However, it lacks context or background information about the first lockdown and its impact on retail sales.
Noise Level: 6
Noise Justification: The article provides relevant information about retail sales growth in June but lacks a deeper analysis or context. It could benefit from exploring the reasons behind this increase and comparing it to previous months or years.
Financial Relevance: Yes
Financial Markets Impacted: The increase in retail sales can impact companies’ stocks and overall market sentiment.
Financial Rating Justification: This article discusses changes in retail sales, which is a financial indicator that affects the performance of retail companies and can influence stock prices and market trends.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.

Reported publicly: www.retailsector.co.uk