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October 22, 2021

ONS data shows 0.2% decrease in UK retail sales for September

The share of online retail sales in the country increased to 28.1%, compared to a 27.9% rise in August.

Retail sales in the UK declined by 0.2% last month after falling by 0.6% in August, according to data from the country’s Office for National Statistics (ONS).

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Sales volumes were 4.2% higher than last February, at the start of the Covid-19 pandemic.

Retail sales values, unadjusted for price changes, decreased by 0.2% last month, compared to a 0.1% decline in August.

In a statement, the ONS said: “Retail sales volumes have fallen each month since April, when non-essential retailing re-opened and retail sales reached levels substantially above those before the pandemic.

“This is the longest period of consecutive monthly falls in the history of this series, which began in February 1996.

“However, sales remain 4.2% above the level seen before the pandemic in February 2020.

“The monthly increase in online spending values resulted in a slight increase in the proportion of online sales, which increased to 28.1% in September, from 27.9% in August.”

Driven by a fall in household goods store sales, including furniture, lighting and other non-food stores, the sales volume for non-food stores fell by 1.4% last month.

Sales volumes for food stores grew by 0.6% during the month, up by 3.9% against pre-pandemic levels last February.

Automotive fuel sales grew by 2.9% as demand gathered momentum later in the month, representing a 1.8% increase from last February.

Online sales have also continued to rise, despite a significant relaxation in Covid-19 restrictions, increasing by 28.1% last month from 27.9% in August.

With an increase in department store sales values, online spending values also rose by 0.5% during the month compared with August.

Last month, the ONS released data showing that retail sales in the UK declined by 0.9% from July to August.

Sales volumes were 4.6% higher than last February and had increased by 0.3% in the three months to August.

Retail sales values, unadjusted for price changes, decreased by 0.3% compared to a 2.4% decline in July.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.