More

    Retail sales extend recovery from virus slump

    Shoppers wearing masks because of the coronavirus pandemic are seen in the centre of Cardiff on October 23, 2020, hours before Wales goes into a two-week lockdown. (Photo by GEOFF CADDICK/AFP via Getty Images)

    British retail sales have climbed for the fifth month in a row, after a coronavirus-fuelled slump earlier this year, official data showed Friday.

    Sales by volume rose 1.5 percent in September from August, the Office for National Statistics (ONS) said in a statement.

    Retail sales were up 5.5 percent since February, one month before Britain went into lockdown.

    The ONS added that online sales declined slightly in September from August to stand at 27.5 percent of all sales. However, this was still higher than the 20.1 percent seen in February.

    And in the three months to September, total retail sales volumes soared by 17.4 percent compared with the prior three months.

    That was the biggest quarterly increase on record, according to the ONS.

    “Growth in retail sales is beating even the most optimistic expectations,” said Richard Lim, chief executive of research consultancy Retail Economics.

    “Consumers have proved extremely resilient as cancelled holidays, fewer trips out and less commuting have boosted discretionary spending power to the benefit of some parts of the retail sector.

    “Christmas 2020 is going to be like no other and we’re also likely to be seeing signs of consumers starting their Christmas shopping earlier.”

    Latest

    ‘UK shoppers more price conscious than European peers’

    Price is the top deciding factor for UK shoppers...

    Petits Filous renews partnership with Channel 5’s Milkshake!

    Petits Filous, the number one kids yoghurt brand*, will...

    F. Duerr & Sons releases the ‘ulti-mutt’ dog treats

    Jams- and condiments-makers F. Duerr & Sons have branched...

    Eisberg alcohol-free wine announces major rebranding

    Eisberg Wine has rebranded its original collection as the...

    Don't miss

    ‘UK shoppers more price conscious than European peers’

    Price is the top deciding factor for UK shoppers...

    Petits Filous renews partnership with Channel 5’s Milkshake!

    Petits Filous, the number one kids yoghurt brand*, will...

    F. Duerr & Sons releases the ‘ulti-mutt’ dog treats

    Jams- and condiments-makers F. Duerr & Sons have branched...

    Eisberg alcohol-free wine announces major rebranding

    Eisberg Wine has rebranded its original collection as the...

    Müller helps c-stores in growing £700m milk drinks category

    Müller Yogurt & Desserts has launched a new initiative...

    ‘UK shoppers more price conscious than European peers’

    Price is the top deciding factor for UK shoppers when making purchase decisions, ahead of any other European nation surveyed, claims a new research. According...

    Sugro UK expands with new members

    Member-owned buying and marketing group Sugro UK, comprising of over 90 independent wholesalers, has recently added new members. Sugro UK today (30) welcomed Prime Cash...

    Legal battles over Carlsberg’s Russian unit to last years, CEO says

    Legal wrangling over Carlsberg's seized Russian business will likely continue for years, its chief executive Jacob Aarup-Andersen said on Tuesday. Moscow took control of Carlsberg's...