Retail Sales Decline in May: Homewares and Fashion Sectors Struggle Amid Inflation and Rising Interest Rates
In a surprising turn of events, May marked the end of 29 months of positive retail sales growth, with...
May
Footfall Improves in May, but Cost Pressures Loom for Retail Sector
In May, footfall improved to -13.7% below 2019 levels compared to April's -15.9%, according to Springboard. However, the company...
Decline in Online Retail Sales in May
In a surprising turn of events, online retail sales plummeted by 9.1% this past month compared to the same...
Strong Consumer Spending Growth Amidst Pandemic Restrictions
In a significant post-pandemic recovery, consumer spending skyrocketed by 7.6% in May compared to the same time last year,...
UK Footfall Declines 27.7% in May, Highest Since Pandemic
In a recent report from the British Retail Consortium-Sensormatic IQ, it's revealed that UK footfall dropped by a staggering...
Post-Lockdown Boost: Fashion and Lifestyle Sales Surge
In the first full month since lockdown lifted, lifestyle and fashion retailers saw impressive gains thanks to continued online...
Retail Sales Partially Recover in May, ONS Reports
In a partial recovery, UK retail sales volumes rebounded by 12% in May compared to the previous month's record...
Footfall Recovery Begins in May Amid Sunshine and Bank Holidays
In a positive sign for businesses, consumer footfall may have begun its recovery in May, according to Springboard's latest...
Retail Sales Decline in May Amidst Clothing Slump
In new figures from the Office for National Statistics (ONS), retail sales dropped 0.5% in May 2019 compared to...
UK Footfall Plummets in May: High Streets Hit Hardest
In a recent report from the BRC-Springboard Footfall and Vacancies Monitor, footfall declined by 3.5% in May compared to...