Homeware delivers seventh negative week but in store bucks trend

Homeware sales declined on the high street again, marking a seventh negative week.

According to the latest BDO High Street Sales Tracker, total like-for-like (LFL) sales rose by 14.30% for the week ending 29 May 2022.

Total Homeware LFLs fell by 2.29% this week, although in store sales rose by 11.49% from a strong base of +555% for the same week last year.

In store LFLs for homeware ended a six week run of negative results this week.

Total in-store LFL sales were up by +19.84% from a base of +7,788.50% for the same week last year. Total non-store LFL sales jumped by +2.38% from a positive base of +2.49% for the same week last year.

Commenting on the results, the BDO said: “Total LFLs remained in the double-digits this week despite the fact that total in-store LFLs recorded its slowest growth in the year-to-date and total non-store LFLs were relatively flat this week. Indeed, total non-store LFLs continued a trend of diminishing growth rates, with the category recording its lowest LFL since early April despite coming off a very slim base last year.

“This week saw mild conditions with intermittent rainfall across some part of the UK. The same week last year also saw mild and mixed weather.”

Overall footfall increased by +15.1% this week compared to the equivalent week last year.

High street footfall was up by +18.6%, while shopping centres saw footfall rise by +18.4% this week. Footfall at retail parks increased by +4.1% compared to the same week last year.

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