UK Retail Sales Report summary
January 2021Period covered: Period covered: 29 November 2020 – 02 January 2021
Retail sales rose by 0.8% in December, year-on-year, according to Retail Economics. Total online retail sales rose by 45.8% in December, value and non-seasonally adjusted, according to ONS. Overall consumer confidence stood at -26 in December, up seven points from the previous month. Online accounted for 31.3% of total retail sales in December, value non-seasonally adjusted.
Retail sales rose by 0.8% in December, year-on-year, according to the Retail Economics Retail Sales Index (value, non-seasonally adjusted, exc. Fuel). Christmas spending in 2020 was like no other. November’s national lockdown and tiered restrictions throughout December disrupted the traditional timing of consumer spending while also affecting the distribution between channels and retailers. Given the blow to the economy, the devastating impact Covid19 has uprooted societal norms, and the cloud of uncertainty still hangs over people’s futures, these results surpassed our expectations. The impact of the pandemic has widened the gap between the most and least… subscribe or take out a free trial to read more.
BRC-KPMG Retail Sales Monitor (covers period 29 Nov – 2 Jan)
The BRC-KPMG measure reported total sales rising by 1.8% in December, year-on-year, driven by growth of non-food online which rose by 44.8% on the previous year and accounted for 47.8% of non-food sales. The BRC also reported like-for-like sales rising by 4.8% (note: this excludes the temporary closure of stores but includes online sales).
BDO High Street Sales Tracker (covers period 30 November – 27 December 2020)
Total sales fell by 1.8% in December, as store sales (-31.5%) continued to drag on the sector, outperformed by non-store which saw sales rise by 62.0%. Homewares (+29.3%) saw the strongest growth, followed by Lifestyle (-5.4%) and Fashion.
ONS Retail Sales Index (covers period 29 Nov – 2 Jan)
The ONS retail sales index reported a fall in sales of 0.3% in December (value and non-seasonally adjusted – exc. Fuel). Growth was dragged lower by the inextricably weak performance across food retailers which reported a sales rise of just 0.8% (value and non-seasonally adjusted). Despite the closure of restaurants, cafes and bars across most of the country, the ONS reported that sales for large food retailers actually fell by… subscribe or take out a free trial to read more.
Retail Economics Retail Sales Index –December 2020
According to the Retail Economics Retail Sales Index, total retail rose by 2.3% in November, year-on- According to the Retail Economics Retail Sales Index, total retail rose by 0.8% in December, year-on-year, compared with a rise in sales of 2.5% last year. Food sales rose by 7.2% in December. Sales growth was most aggressive across online channels, and retailers reported record levels of online sales.
Total Retail Sales –Office for National Statistics – December 2020
The ONS retail sales index reported a fall in sales of 0.3% in December (value and non-seasonally adjusted – exc. Fuel). However, there was a large divergence in the performance between large retailers (-3.3%) and small retailers (+11.6%). This is mainly due to the impact of the 53-week year in 2020 which means that trading periods are mis-aligned by one week compared with… subscribe or take out a free trial to read more.
Online Retail Sales –Office for National Statistics – December 2020
Online sales rose by 45.8% (value, non-seasonally adjusted) on the previous year, accounting for 31.3% of retail sales in December (value and non-seasonally adjusted). Online food remained in strong demand with sales rising by 92.5% on the previous year. Online Non-food (+62.9%) also saw strong growth helped by the performance of department stores which rose by 90.5%. Non-store retailing, which is driven by pure online retailers, rose by 25.1%.
BRC-KPMG Retail Sales Monitor – December 2020
Retail sales increased by 1.8% on a total basis in December according to the BRC-KPMG Retail Sales Monitor (RSM), slipping below the three-month growth rate as restrictions hit store sales during peak trading. Excluding temporary store closures and including online sales, like-for-like sales (LFLs) rose by 4.8%.
CBI Distributive Trade Survey for Retail – December 2020
Sales volumes improved in the year to December (-3%) from the 25% decline in the previous month, according to the latest CBI Distributive Trades Survey. Retailers expect sales volumes to worsen (-33%) in the year to January. Orders placed on suppliers recorded a balance of -4%, from -10% in November, the least negative balance in 14 months. Orders are expected to fall again next… subscribe or take out a free trial to read more.
BDO High Street Sales Tracker – December 2020
Total like-for-like (LFL) sales contracted by 1.6% in December on a yearly basis, following two consecutive months of growth. This compares to a strong base of +6.6% a year ago. However, total non-store LFLs increased by a punchy +62.0% in December.
Coffer Peach Business Tracker – December 2020
The Coffer-Peach Tracker monitors sales for the UK Pub and Restaurant sector, collecting and analysing monthly performance data from 51 operating groups. Total sales remained firmly in negative territory in December, impacted by tighter restrictions as cases of the coronavirus rose. Indeed, total sales fell by… subscribe or take out a free trial to read more.
Polarised performance of online and store-based sales (Nov/Dec 2020 vs. Nov/Dec 2019)Source: ONS, Retail Economics analysis