UK retail industry battles “toughest ever” trading conditions

BRC UK retail sales

The health of the UK retail industry is on the brink of falling to record lows as shops battle some of the “toughest trading conditions they’ve ever experienced”.

The Retail Health Index, which takes into account consumer demand, gross margins and costs, fell from 77 to 76 in the second quarter, financial services firm KPMG and Ipsos Retail Think Tank (RTT) said.

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