Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
Xmas shopping is expected to see an early start this year in the UK with a survey showing only 9% of shoppers will leave it until December to make their purchases. But December 18 will still be the season's busiest day.
Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.
Britain's retail sector will endure a "tsunami of closures" if the government does not extend a moratorium on aggressive debt enforcement, industry lobby group the British Retail Consortium (BRC), has said.
Pressure is building on the UK government to introduce an online sales tax in response to a major imbalance in trading conditions that has seen digital retail boom during a pandemic that has devastated physical stores.
Only weeks after England’s November lockdown ended, a big chunk of the country has moved back into strict Covid rules as a new ‘tier 4’ means non-essential stores have again had to close in London and the South East.
The UK government at the weekend announced a new four-week lockdown for England with non-essential stores to close. But the BRC and NWEC's heads hit back saying scientific advice says shopping isn't spreading the virus.