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UK retail sales rise 1.8% in March but fail to offset 2024 dip
Retail sales in discretionary categories rose 1.8 per cent in March but failed to offset a 2.2 per cent drop in 2024, says BDO. In-store sales rose just 0.3 per cent, below inflation. Lifestyle and homewares saw declines. BDO’s Sophie Michael cited rising costs, consumer caution, and urged retailers to invest in tech and optimise operations to stay competitive.
Retail sales in discretionary categories rose 1.8 per cent in March but failed to offset a 2.2 per cent drop in 2024, says BDO.
In-store sales rose just 0.3 per cent, below inflation.
Lifestyle and homewares saw declines.
BDO’s Sophie Michael cited rising costs, consumer caution, and urged retailers to invest in tech and optimise operations to stay competitive.
