Dusk image of surrounding buildings and skyscraper.

Retailers make hay while the sun shines

17 July 2017. Published by Henry Priestley, Senior Associate and Jani Ihalainen, Paralegal

Retailers make hay while the sun shines

A recent report by KPMG suggests retailers have been kissed by the sun, as sales rose 2.0% in June, against a growth of 0.2% in June 2016. An area of particularly strong growth was online sales of non-food products, which grew over 10%, compared to 9.0% a year earlier.

 

According to the report, this increase is due in part to consumers spending on products relating to leisure pursuits and activities (such as outdoor toys and summer clothing) in one of the warmest summer months in 40 years.