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Retail

ONS Sales Decline Reflects 'Transformation' Of UK Retail Sector, Says BRC

The British Retail Consortium has said that the latest UK retail sales figures from the Office of National Statistics (ONS) indicate the level to which retail is in 'the midst of a transformation driven by new technologies and changing consumer behaviour'.

The quantity of goods bought in UK retailers in December fell by 0.6% compared to the previous month, according to the latest ONS figures, while the quantity sold in food stores was down 1.3% for the month, the largest fall since December 2016.

In the three months leading up to December 2019, the quantity bought in retail decreased by 1.0% compared to the prior three months, the data showed.

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