UK retail sales rose by 1.1 per cent YoY in March, down from 3.5 per cent last year, with modest non-food growth and stronger online sales.
BRC noted Easter timing, improved weather, and Mother’s Day boosted demand.
However, rising costs, including £7 billion (~$8.74 billion) in new government-imposed expenses, pose inflation risks.
Retailers are also facing global supply chain uncertainties.
BRC noted Easter timing, improved weather, and Mother’s Day boosted demand.
However, rising costs, including £7 billion (~$8.74 billion) in new government-imposed expenses, pose inflation risks.
Retailers are also facing global supply chain uncertainties.
