Clothing stores across the UK saw sales volumes
fall 0.6% during August according to the latest figures from the Office of
National Statistics.
The ONS said non-food store sales volumes in the UK
fell 1.9% during the month because of falls in each of its subsectors: other
non-food stores (negative 2.8%), department stores (negative 2.7%), household
goods stores (negative 1.1%) and clothing stores (negative 0.6%).
UK retail sales volumes overall fell 1.6% in August. All main sectors (food
stores, non-food stores, non-store retailing and fuel) fell over the month;
this last happened in July 2021, when all legal restrictions on hospitality
were lifted.
UK non-store retailing (predominantly online retailers) sales volumes fell
by 2.6% in August 2022; despite this fall, sales volumes were 24.4% above their
February 2020 levels.
Retail sales value (y-o-y) was up 3.7% but down 5% in volume
terms.
Commenting on the latest figures, Helen Dickinson, CEO, of the British
Retail Consortium, said volumes were down significantly as a result of
inflation at 10%.
“Consumers cut back on major purchases, such as white goods, as falling real
incomes made many people think twice. Retailers are working hard to keep prices
down for their customers, despite their own costs rising substantially –
including energy, imports, shipping and haulage.
“The new Prime Minister must ensure the cost burden on
retailers is not made worse by an GBP800m (US$911.5m) rise in business rates
expected next year. Without action, it will not just be retailers – but also
their customers, who pay the price of this rising tax.”