UK retailers report record Q2 growth and stores reopening Reuters
By David Milliken
LONDON (Reuters) – British retailers have reported record annual sales growth for the past three months to the end of June, although growth was four years earlier when stores closed due to the coronavirus pandemic.
The UK Retail Consortium – whose members tend to be large street chains and supermarkets – said on Tuesday that in the second quarter of 2021 sales were 28.4% higher than a year earlier and 10.4% higher than two years earlier.
The year-on-year growth was the highest since BRC records began in 1995.
“The gradual unblocking of the UK economy led to the release of demand,” said BRC CEO Helen Dickinson.