High street sales ‘suffered worst June on record’ over Brexit uncertainty

High street sales in June fell by the biggest margin on record for the summer month, with shoppers sitting on their hands over Brexit uncertainty, according to new data. The British Retail Consortium (BRC) described the state of the UK high street as “bleak”, and also revealed that average total sales in the three months to June have fallen into negative territory of 0.1%. Retailers were helped by online sales, which rose 4% in June for non-food products compared with...

Supermarket bosses warn October Brexit could hit Christmas shoppers

Bosses of the UK’s three biggest supermarkets have warned the next prime minister that setting up a potential no-deal Brexit for the end of October could hit shoppers’ Christmas celebrations. Chief executives from Tesco, Sainsbury’s and Asda, which account for more than half of all food sales in the country, said the October 31 deadline is particularly problematic because that is the same time they start increasing deliveries of extra festive products. Mike Coupe, the boss of Sainsbury’s, said the...

Page 27 of 124 1 26 27 28 124
-->