Retail sales showed positive signs of growth in August, but bricks-and-mortar stores continued to struggle compared with online.
Total retail sales increased 3.9% year on year, compared with a 0.4% decline in August 2019, according to the BRC-KPMG retail sales monitor. This was above the three-month average growth of 3.5% and far above the 12-month decline of 1.6%.
This was the highest growth recorded since May 2018, excluding Easter distortion, indicating sales figures are heading in a positive direction.
On a like-for-like basis, sales also increased 4.7% compared with the same month last year, when they had decreased 0.8% from August 2018.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com 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:
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.