UK retail saw a decline in its ‘health’ in Q2 and the falls are set to continue, according to the KPMG/Ipsos Retail Think Tank. It is predicting more falls this year with expectations that Q3 will also be weak.
A clear picture of June shopping in the UK is emerging and shows footfall rising as the sun shone. But it's not all good news for the fashion sector as specialist fashion stores and department stores saw falling sales.
There are plenty of big question marks over whether Britons are ready to spend or save at present but the latest footfall figures from Ipsos Retail Performance showed that in June they were prepared to go out and browse.
Centrist Emmanuel Macron took a big step toward the French presidency on Sunday by winning the first round of voting and qualifying for a May 7 runoff alongside far-right leader Marine Le Pen, reassuring markets.
The prospects for UK retail remain both patchy and confusing as a new report from Ipsos Retail Performance on Friday showed poor footfall during March, despite another tracker suggesting footfall rose last month.