| Home | May 2022News | JK Marshall Mercantile Reports Inflation Impacts UK Retail Sales |
| |
|
|
 JK Marshall Mercantile Reports Inflation Impacts UK Retail Sales- JK Marshall Mercantile Reports Inflation Impacts UK Retail Sales
- May 26, 2022
-
JK Marshall Mercantile says UK retail sales, which were initially propped up thanks to the sunshine and a multitude of overdue weddings in April, are now on a steady decline as consumers tighten their purses in a highly inflationary environment and deteriorating consumer confidence
A recent report by JK Marshall Mercantile showed how the pandemic created an environment whereby many retail outlets oscillated between being open and closed, which had a clear impact on sales as well as on consumer spending patterns. The report revealed that consumers either migrated to online purchasing or closed their wallets altogether, as consumer confidence dampened dramatically, with uncertainty weighing.
Based on reports by the most recent BRC-KPMG Retail Sales Monitor, year on year...
- View more at: https://www.1888pressrelease.com/jk-marshall-mercantile-reports-inflation-impacts-uk-retail-s-pr-707939.html
|
Previous