Belfast Telegraph

High street enduring 'worst year on record'

By Josie Clarke

The UK high street is suffering its worst year on record as in-store sales decline for the eighth month in a row, figures show.

Sales were down 2.7% year-on-year in September, marking the eighth consecutive negative month for in-store buying and the 12th month since growth exceeded 1% for retailers, according to advisory firm BDO's High Street Sales Tracker (HSST).

The figures were tempered slightly by non-store sales growth of 11.6%, but even this was the third-lowest monthly increase this year and the worst non-store September performance for at least eight years.

Sales of homewares fell 4.4% in September to make the eighth consecutive month without growth, while lifestyle and fashion sales were down 2.1% and 2.8% respectively.

BDO described 2018 as an "incredibly challenging year".

Belfast Telegraph

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