BDO: Discounts Boost Retail Sales as January Growth Falls Flat
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2 Articles
BDO: discounts boost retail sales as January growth falls flat
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Total retail sales in discretionary categories (fashion, homewares and lifestyle) grew by just +1.7% in January, compared to the same month last year, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO. This is significantly below the rate of inflation, reflecti…
Discounting props up January retail sales as growth trails inflation - InternetRetailing
Significant post-Christmas discounting boosted January retail sales, but overall retail growth remained weak and continued to lag behind inflation, according to the latest High Street Sales Tracker from BDO. Inflation rose to 3.4% in December, fuelled in part by a 4.5% rise in food prices. BDO’s data shows that total like-for-like sales across stores and online increased by only 1.7% last month compared to January 2025. This marks the ninth time…
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