BRC-KPMG Retail Sales Monitor news and archive

Weak consumer demand slows retail sales in January

UK total retail sales slowed in January, increasing by just 1.2 percent, against a growth of 4.2 percent in January 2023, as high cost of living enters third year. According to the latest British Retail Consortium KPMG Retail Sales Monitor, weak consumer demand meant that retail sales growth slowed, below the 3-month average growth of 1.9...

Fashion

Online drives early Christmas shopping

Clothing and footwear retailers performed well in November, due to the demand for warmer clothing and partywear, according to the BRC-KPMG Retail Sales Monitor. The report showed that with the arrival of cooler temperatures, fashion had a much better month than in October, and that all categories of clothing enjoyed strong sales online, while...