US EditionUK retailers report strong start to 2026
Food sales rose 3.8% and in-store non-food sales grew 2%, reflecting strong January demand after consumers delayed Christmas purchases, British Retail Consortium and KPMG reported.
- On Tuesday, the British Retail Consortium and KPMG said total UK retail sales rose 2.7% year on year in January, above the 12-month average growth of 2.3%.
- Shoppers who delayed Christmas spending responded to January sales, while a survey showed tentative signs of improving consumer sentiment after Rachel Reeves' November budget.
- In-Store sales accelerated with in-store non-food up 2% year on year and online non-food sales growing 1.3%, while personal electronics, furniture and children's clothes and toys led January gains.
- KPMG's Linda Ellett said `The year started well for the retail sector, with welcome sales growth,` while many retailers warned sustaining sales volumes remains a challenge as consumers stay cautious.
- Official January 23 data showed the January pickup positions retailers to adjust retail forecasts and inventory strategies as trading patterns shift, with retail sales rising 2.7%.
13 Articles
13 Articles
Retail sales pick up in January after consumers hold off on Christmas spending
The British Retail Consortium and KPMG said total UK retail sales increased by 2.7% year on year in January. Retail sales finally picked up in January after consumers held off on Christmas spending in anticipation of the new year sales, figures show. Total UK retail sales increased by 2.7% year on year in January, above the 12-month average growth of 2.3%, according to the British Retail Consortium (BRC) and KPMG. Food sales were up 3.8% on a ye…
UK retail sales rebound in January after weak Christmas
UK retail sales rebounded in January, reversing the weak momentum seen in December as consumers waited for seasonal discounts before making purchases.The post UK retail sales rebound in January after weak Christmas appeared first on Retail Insight Network.
January Sales Provided Much-Needed Boost To The Retail Sector
After a disappointing Christmas period, retail sales picked up last month, with growth more than doubling as shoppers took advantage of the January sales. The latest BRC-KPMG Retail Sales Monitor shows total retail sales rose by 2.7% year-on-year in January, (more…) The post January Sales Provided Much-Needed Boost To The Retail Sector appeared first on KamCity.
UK retail sales see 2.7% boost in January after ‘drab’ December
Total retail sales in the UK rose by 2.7% YOY in January, as food sales helped boost the performance above the 12-month average of 2.3% after a “drab” December, according to the latest BRC-KPMG retail sales monitor. Food sales grew by 3.8% during the month, matching the annual average. Non-food sales increased by 1.7%, which, while lower than the 2.5% growth seen last year, remained ahead of the 12-month average of 1.1%. In-store non-food sales …
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