Retail sales revive


BRC-KPMG retail sales monitor says retail sales rose in May.

Retail sales values in the UK rose 0.8 percent on a like-for-like basis from May 2009, when sales had fallen 0.8 percent, according to the British Retail Consortium-KPMG retail sales monitor. On a total basis, sales were up three percent against a 0.8 percent increase in May 2009.

According to the report, non-food non-store sales (internet, mail order and telephone sales) in May were 21.9 percent higher than a year ago, up from 15.9 percent in April.

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Although this result was the best since December, the improvement in May was against relatively weak growth in May 2009 – the lowest growth for at least 18 months.

BRC director general Stephen Robertson said: “The sunnier second half of May provided a welcome boost to overall sales. The warmer weather, combined with discounts and promotions, encouraged spending on clothing, footwear, outdoor DIY and gardening.”

KPMG head of retail Helen Dickinson said: “The election campaign didn’t shift consumer spending patterns much, but whether the forthcoming Budget will be more damaging remains to be seen and many retailers remain reliant on promotional activity to drive footfall and sales.

Tags : JewelleryKPMGMayretailers
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