{"id":161608,"date":"2019-06-04T09:09:54","date_gmt":"2019-06-04T09:09:54","guid":{"rendered":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/"},"modified":"2021-08-12T13:56:46","modified_gmt":"2021-08-12T13:56:46","slug":"retail-sales-fall-in-may-at-fastest-rate-in-24-years","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/","title":{"rendered":"Retail sales fall in May at fastest rate in 24 years"},"content":{"rendered":"<p>Shoppers <strong>shunned the high street and kept their wallets closed last month<\/strong>, leading to sales plunging in May faster than at any time in the last 24 years, new data shows.<\/p>\n<p><!--more--><\/p>\n<p><strong>Sales dropped 2.7% in the four weeks to 25 May <\/strong>compared with a month earlier, according to the BRC-KPMG Retail Sales Monitor, making it the biggest fall since records began in January 1995.<\/p>\n<p>There was <strong>an even bigger 3% fall in May<\/strong> compared with the same period a year ago on a like-for-like basis \u2013 the steepest drop since December 2008 \u2013 when Easter distortions are excluded.<\/p>\n<p>Helen Dickinson, chief executive of the British Retail Consortium (BRC), warned the poor figures<strong> could lead to further store closures and job losses<\/strong> in a year that has already seen several retailers go bust \u2013 including HMV, Debenhams and LK Bennett.<\/p>\n<p>She added: \u201cWhile May 2018 offered almost unbroken sunshine, topped off by the run up to the World Cup and the marriage of Meghan and Harry, <strong>May 2019 delivered political and economic uncertainty.<\/strong>\u201d<\/p>\n<p>Food sales dropped for the first time since June 2016, and there were also falls in <strong>sales of clothing, footwear and outdoor goods compared with a month earlier.<\/strong><\/p>\n<p>Although, over the three-month period to May, food sales increased 0.8% on a like-for-like basis and 1.9% on a total basis, thanks to stronger trading in March and April.<\/p>\n<p>During the same three-month period, <strong>in-store sales of non-food products declined 2.7%<\/strong> on both a total and like-for-like basis \u2013 worse than the 12 month total average fall of 2.4%.<\/p>\n<p>Paul Martin, UK head of retail at KPMG, pointed out that growth in online sales was also slower than usual.<\/p>\n<p>He warned: \u201cThe<strong> extremely low growth online is real cause for concern<\/strong>, especially with almost a third of all non-food sales today being made online.<\/p>\n<p>\u201cThis trend has continued to manifest itself over the last year and requires real focus from the retail community.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":150572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6,10494],"tags":[10520,10519,11408,10590,12061],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion\" \/>\n<meta property=\"og:description\" content=\"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\" \/>\n<meta property=\"og:site_name\" content=\"TheIndustry.fashion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theindustryfashion\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-04T09:09:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-12T13:56:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2021\/07\/featureimage-copy-5-1-1-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Association\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:site\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Association\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\"},\"author\":{\"name\":\"Press Association\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/375ffea748ff921e2003acd80d44cae8\"},\"headline\":\"Retail sales fall in May at fastest rate in 24 years\",\"datePublished\":\"2019-06-04T09:09:54+00:00\",\"dateModified\":\"2021-08-12T13:56:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\"},\"wordCount\":315,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"keywords\":[\"BRC\",\"British Retail Consortium\",\"Helen Dickinson\",\"KPMG\",\"Paul Martin\"],\"articleSection\":[\"News &amp; Insight\",\"Retail &amp; Etail\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\",\"url\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\",\"name\":\"Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#website\"},\"datePublished\":\"2019-06-04T09:09:54+00:00\",\"dateModified\":\"2021-08-12T13:56:46+00:00\",\"description\":\"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theindustry.fashion\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Retail sales fall in May at fastest rate in 24 years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theindustry.fashion\/#website\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"name\":\"TheIndustry.fashion\",\"description\":\"Fashion news, insights, podcasts and events for professionals from across the fashion sector.\",\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theindustry.fashion\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\",\"name\":\"TheIndustry.fashion\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"contentUrl\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"width\":585,\"height\":217,\"caption\":\"TheIndustry.fashion\"},\"image\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/theindustryfashion\/\",\"https:\/\/twitter.com\/theindustryfash\",\"https:\/\/www.instagram.com\/theindustryfashion\/\",\"https:\/\/www.linkedin.com\/company\/10970016\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/375ffea748ff921e2003acd80d44cae8\",\"name\":\"Press Association\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Press Association\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion","description":"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/","og_locale":"en_GB","og_type":"article","og_title":"Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion","og_description":"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,","og_url":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/","og_site_name":"TheIndustry.fashion","article_publisher":"https:\/\/www.facebook.com\/theindustryfashion\/","article_published_time":"2019-06-04T09:09:54+00:00","article_modified_time":"2021-08-12T13:56:46+00:00","og_image":[{"width":2560,"height":1521,"url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2021\/07\/featureimage-copy-5-1-1-scaled.jpg","type":"image\/jpeg"}],"author":"Press Association","twitter_card":"summary_large_image","twitter_creator":"@theindustryfash","twitter_site":"@theindustryfash","twitter_misc":{"Written by":"Press Association","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#article","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/"},"author":{"name":"Press Association","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/375ffea748ff921e2003acd80d44cae8"},"headline":"Retail sales fall in May at fastest rate in 24 years","datePublished":"2019-06-04T09:09:54+00:00","dateModified":"2021-08-12T13:56:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/"},"wordCount":315,"commentCount":0,"publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"keywords":["BRC","British Retail Consortium","Helen Dickinson","KPMG","Paul Martin"],"articleSection":["News &amp; Insight","Retail &amp; Etail"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/www.theindustry.fashion\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/","url":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/","name":"Retail sales fall in May at fastest rate in 24 years - TheIndustry.fashion","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/#website"},"datePublished":"2019-06-04T09:09:54+00:00","dateModified":"2021-08-12T13:56:46+00:00","description":"Shoppers shunned the high street and kept their wallets closed last month, leading to sales plunging in May faster than at any time in the last 24 years,","breadcrumb":{"@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.theindustry.fashion\/retail-sales-fall-in-may-at-fastest-rate-in-24-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theindustry.fashion\/"},{"@type":"ListItem","position":2,"name":"Retail sales fall in May at fastest rate in 24 years"}]},{"@type":"WebSite","@id":"https:\/\/www.theindustry.fashion\/#website","url":"https:\/\/www.theindustry.fashion\/","name":"TheIndustry.fashion","description":"Fashion news, insights, podcasts and events for professionals from across the fashion sector.","publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theindustry.fashion\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.theindustry.fashion\/#organization","name":"TheIndustry.fashion","url":"https:\/\/www.theindustry.fashion\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/","url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","contentUrl":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","width":585,"height":217,"caption":"TheIndustry.fashion"},"image":{"@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theindustryfashion\/","https:\/\/twitter.com\/theindustryfash","https:\/\/www.instagram.com\/theindustryfashion\/","https:\/\/www.linkedin.com\/company\/10970016\/"]},{"@type":"Person","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/375ffea748ff921e2003acd80d44cae8","name":"Press Association","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Press Association"}}]}},"_links":{"self":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/161608"}],"collection":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/comments?post=161608"}],"version-history":[{"count":0,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/161608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media\/150572"}],"wp:attachment":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media?parent=161608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/categories?post=161608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/tags?post=161608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}