The Association has said that June’s Retail Sales Monitor show that consumer demand remains fragile, but that the good weather is helping.
BIRA said that the report shows an interesting snapshot into the current retail landscape. The report showed that UK total retail sales increased by 4.9% in June, compared to a decline of 1% in June 2022. UK like-for-like retail sales increased by 4.2% in June, against a decline of 1.3% the previous year.
Food sales over the three months to June increased 9.8% on a total basis and 10.1% on a like-for-like basis over the three months to June, while in-store non-food sales increased 2% on a total basis and 0.6% on a like-for-like basis.
Online non-food sales decreased by 1% in June, compared to a decline of 9.1% in June 2022. The proportion of non-food items bought online decreased to 35.3% in June from 35.9% in June 2022.
BIRA commercial director, Jeff Moody, commented: “The latest BRC-KPMG Retail Sales Monitor for June 2023 provides an interesting snapshot of the current retail landscape. While the headline rate of retail sales shows a positive increase of 4.9% compared to last year, it’s important to note that non-food sales only saw a modest increase of 0.6% on a like-for-like basis over the last three months.
“This data suggests that consumer demand remains fragile, with online sales continuing to decline year on year. However, the good weather has enticed consumers back to the high street, resulting in an overall boost in retail sales.
“As we look ahead, it is crucial for the government to exercise caution in introducing further tax reforms, such as changes to the packaging levy. Additionally, the upcoming April rates review should bring positive news for the retail sector if we want to sustain and build upon the recent increases in retail sales.
“It’s essential that we nurture and support the retail industry to foster growth and resilience. By creating an environment that encourages consumer confidence and providing favourable conditions for retailers, we can pave the way for continued success in the months to come.”
