Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Videos
Markets & Regulations
Markets
Return to: RBR Home | Markets & Regulations | Markets

UK retail sales down in September: BRC-KPMG

RBR Staff Writer Published 14 October 2014

Retail sales in the UK were down by 2.1% on a like-for-like basis in September, as against same period last year, when they had increased 0.7%.

sales

On a total basis, sales were down 0.8%, against a 2.4% rise in September 2013, according to the latest report released by British Retail Consortium (BRC) and KPMG.

This is the weakest performance since December 2008, excluding Easter distortions.

During the period, clothing and footwear were the worst performing categories in September, reporting record declines since April 2012 and March 2013, respectively.

Over the last three months, food showed a decline of 1.7% and reported its first twelve-month average decline in at least five years, at -0.2%. Non-Food reported growth of 3% over the three months to September 2014, underperforming its twelve-month average of 3.6%.

Online sales of non-food products in the UK grew 8.2% in September while non-food online penetration rate was 17.5% in September, 1.3% point higher than in September 2013.

British Retail Consortium director general Helen Dickinson said: "The seventeenth consecutive month of deflation is good news for hard-pressed households. Retailers are turning their attention to Christmas by reading current conditions and matching consumer sentiment well with their promotions and offers.

"Falling commodity prices, the strengthening of sterling, benign pressure in the supply chain and, critically, fierce competition across the retail industry suggests lower shop prices for consumers will continue," Dickinson added.


Image: UK retail sales down in September. Photo: Courtesy of FreeDigitalPhotos.net/Ambro.