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High Street sales slide extends through May as shoppers migrate online

on Jun 10, 2016 | 0 comments

By John Glenday

The long term decline of the high street continued unabated through May with year-on-year sales slipping a further 1.9 per cent, according to BDO’s High Street Sales Tracker.

Such a drop represents the largest single dip in sales since the height of the recession and marks a continuation of monthly contractions from October 2015 that have only been broken by a brief rebound in January as shoppers scrambled to grab a bargain.

Leading the falls were a 2.4 per cent decline in lifestyle sales compared to May 2015 and a 1.9 per cent fall in fashion sales. By contrast online sales have Read full story ›

Source: The Drum