Retail sales slow as customers delay spending ahead of Christmas

Online Christmas shopping

Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.

On a total basis, sales increased by 1.6% in the four weeks between October 2 and October 29, against an increase of 1.3% in October 2021, according to the latest BRC-KPMG Retail Sales Monitor.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.