BRC-KPMG news and archive

July’s rain dampens consumer demand for clothing

The wet weather in July has impacted retail sales across the UK in the four weeks from July 2 to 29, particularly non-food sales, including clothing, according to the latest data from the British Retail Consortium (BRC) and KPMG's Retail Sales Monitor. The data reveals that the value of retail sales was 1.5 percent in July against a growth of...

Retail

2020 sees slow start for UK retailers

The new decade has been a slow start for UK’s retailers, which saw sales increase just 0.4 percent compared to 2.2 percent last year. According to the latest BRC-KPMG Retail Sales Monitor, this is above both the three-month and 12-month average declines of 0.4 percent and 0.2 percent percent respectively, with the 12-month average hitting a “new...

Business

Consumers hold back on spending in January following strong Christmas period

London - UK consumers held back on spending during the month of January which saw retail sales growth "ground to a halt" on the back of a strong Christmas trading period, according to the latest data from the BRC-KPMG retail sales monitor. UK retail sales dropped by 0.6 percent like-for-like during the first month of the year in comparison to...