UK BRC total sales rose 3.2% yoy in July, second straight month of increase since the start of the coronavirus pandemic. Also, it’s above 3-month average growth of 0.4% and 12 month average decline of -1.9%. Like-for-like sales grew 4.3% yoy.
Helen Dickinson OBE, Chief Executive of BRC: “While the rise in retail sales is a step in the right direction, the industry is still trying to catch up lost ground, with most shops having suffered months of closures. The fragile economic situation continues to bear down on consumer confidence, with some retailers hanging by only a thread in the face of rising costs and lower sales.”
