UK retail industry conditions on brink of all-time low
The health of the UK retail sector is on the cusp of hitting record lows as businesses battle “some of the toughest trading conditions they have experienced”.
The Retail Health Index, which measures a variety of metrics to ascertain the robustness of the retail sector including consumer demand, gross margins and costs, fell one point to 76 in the second quarter of 2019, according to the KPMG and Ipsos Retail Think Tank (RTT).
This marks the 13th consecutive quarter that the index has either fallen or remained flat.
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