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Number of shoppers was 15% down compared to 2019 - but still four times busier than last month

City snapshot: UK retail industry sees green shoots of recovery in March

By Alec Mattinson2021-04-09T07:55:00+01:00 Top story The UK retail industry saw the green shoots of recovery in March as sales jumped by more than 40% year-on-year after a COVID-induced collapse a year ago. According to BDO’s High Street Sales Tracker, total like-for-like sales, combined in-store and online, increased by +42.5% in March, though from a base of -17.9% for the equivalent month last year. However, BDO warned that the spike in the overall like-for-like result is less likely to reflect a significant increase in profits than how retail shuttered and discretionary spend was curtailed during the same month last year.

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