Homeware high street sales down to 18th negative result in 2023

Homeware sales fell back into negative territory on the high street, while footfall delivered growth across all retail destinations.

According to the latest BDO High Street Sales Tracker, total like-for-like (LFL) sales were up 2.95% for the week ending 11 June 2023.

Homeware total LFLs fell by 2.27%, from a negative base of 2.56% for the same week last year, denoting the category’s eighteenth negative result so far in 2023.

Homeware total LFL sales were pulled down by store sales which fell by 4.52% from a flat base of +0.47% for the same week last year, marking the category’s fifth negative result so far in 2023.

Total in-store LFL sales increased by +5.39% from a base of +9.35% for the same week last year. Total non-store LFL sales increased by +6.56% from a positive base of +3.20% for the same week last year.

Commenting on the results, BDO said: “Spurred on by positive store and non-store sales, total LFLs were positive for a second consecutive week, following two weeks of negative total LFL sales.

“The week began with mild temperatures and partly sunny skies and culminated a sunny, hot weekend during which parts of the country experienced the highest temperatures for the year so far. The same week last year saw a blend of balmy temperatures with sunshine with overcast and intermittent showers in northern parts of the country.”

Total footfall grew by +4.2% compared to the same week in 2022. High street footfall experienced the best growth of the week, up by +5.4% compared to the same week last year, while retail park and shopping centre footfall grew year-on-year by +2.1% and +3.8% respectively.

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