SLR-Logo-TIFF-PREVIEW-copy.png

Food sales rise in April

Food sales increased 9.8% on a total basis and 10.0% on a like-for-like basis over the three months to April, new data reveals.

The BRC-KPMG Retail Sales Monitor shows total retail sales increased by 5.1% in April, against a decline of 0.3% in April 2022.

In addition, like-for-like retail sales increased by 5.2% in April, against a decline of 1.7% in April 2022.

Susan Barratt, Chief Executive of IGD, said: “Food and drink sales in April continued the same trajectory seen in recent months; volume sales were negative and value sales were positive, driven by ongoing inflation.

In response, retailers have been stepping up their support to shoppers, with further high-profile innovation and investment in loyalty schemes in April, providing access to better prices.”

She added: “Despite rising costs, our data shows shoppers continue to prioritise health and sustainability. Some 87% of shoppers say they are trying to eat more healthily and 79% claiming the impact on the environment was important to them when choosing what food or grocery product to buy.”

Paul Martin, UK Head of Retail at KPMG, said: “Retailers will be hoping that the Coronation, coupled with a month full of bank holidays and inflation levels starting to head in the right direction, will boost consumer confidence significantly enough to start to see real, profitable growth.”

  |    |  

Share on  

Read next

This publication contains images and information relating to tobacco products. Please do not view if you are under the age of 18 years old.

This website contains images and information relating to tobacco products. Please do not view if you are under 18 years of age.

This website contains images and information relating to tobacco products. Please do not view if you are under 18 years of age.

This publication contains images and information relating to tobacco products. Please do not view if you are under the age of 18 years old.