Responding to the latest ONS Retail Sales Index figures, which showed an 1.3% decrease in overall sales (non-seasonally adjusted retail sales excluding fuel: J3L2), Helen Dickinson, Chief Executive of the British Retail Consortium, said:
“Retail remains an essential part in unlocking consumer demand and driving forward the country’s economic recovery. It is essential that all retailers are able to open – and stay open – from April 12th, and that Government continues to offer necessary support to businesses as many begin the process of trading their way back to growth. The ongoing business rates consultation offers a pathway to supporting investment in retail stores and warehouses, but only if Government acts quickly to fix this broken tax system and its damaging effects on the industry.”
· All retailing, Excluding Automotive fuel, All businesses (J3L2): -1.3%
· All retailing, Excluding Automotive fuel, Large businesses (J3L3): -1.9%
· Predominantly Non-food Stores, All Businesses (EAIB): -24.2%
· Predominantly Non-food Stores, Large Businesses (EAIV): -25.4%
· Internet sales, all retail growth (KP3T): 78.6%
· Online penetration rate for all retail (J4MC): 34.5%