UK retailers report smaller drop in annual sales in May

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UK retailers report smaller drop in annual sales in May
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British retailers reported a sharp fall in annual sales last month, but less of a decline than in April, after some COVID-19 restrictions eased and more shoppers went online, industry data showed on Tuesday.

FILE PHOTO: A “Welcome back” sign and hand sanitizer is seen at a Zara shop in Oxford Street, London, following the outbreak of the coronavirus disease , London, Britain, May 26, 2020. REUTERS/John Sibley

Last month’s fall was still the second-biggest drop since the survey started in 1995, and the BRC said sales in May 2019 had been weaker than normal too. “Weak consumer confidence and social distancing rules are likely to hold back sales,” BRC chief executive Helen Dickinson said.

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