High Street Struggles as Shoppers Slam the Brakes on Spending

Retail sales drop as shoppers stay away from high streets in May

The Office for National Statistics said retail sales fell by 2.7 per cent in May, representing the largest month-on-month fall in sales since December, as shoppers stayed away from the high street

High Street struggles as shoppers slam the brakes on spending

Retail Sales Tumble After ‘Dismal’ Month For Supermarkets

Retail sales in the UK suffered their steepest drop in 18 months last month as consumers cut back on purchases of food and household goods. Figures from the Office for National Statistics (ONS) show sales volumes slid 2.7% month-on-month in (more…) The post Retail Sales Tumble After ‘Dismal’ Month For Supermarkets appeared first on KamCity.

Retail sales see sharpest monthly fall since December 2023

Retail sales volumes fell by 2.7% in May, according to the latest retail sales figures from the ONS, marking the sharpest monthly decline since December 2023. The fall followed a revised 1.3% rise in April and was driven largely by reduced spending in food stores and weaker sales of clothing and household goods. Despite the monthly drop, sales volumes rose by 0.8% in the three months to May compared with the previous three-month period, and by 1…

Retail sales plunge in May

Retail sales volumes fell by 2.7% in May, following a rise of 1.3% in April, according to the Office for National Statistics (ONS).