June retail sales and customer spend show green shoots of recovery

TK Maxx queue

In June, retail sales registered the first increase since lockdown began with the highest rate of growth since May 2018, but BRC chief executive Helen Dickinson warned retail is not out of the woods yet.

Total retail sales improved 3.4% year on year, compared with a 1.6% decline in June 2019, according to the BRC-KPMG retail sales monitor. This was far above the three- and 12-month average declines of 6.4% and 2.1% respectively.

Like-for-like UK sales, excluding non-essential stores but including online sales, also grew 10.9% from the same month last year when they had decreased 2.2% from 2018.

In the three months to June 2020, in-store non-food sales declined 46.8% on a total and 11.3% on a like-for-like basis, which was worse than the 12-month average decline of 16.5%.

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