#Latest news with #nonessentialItemsWall Street Journal2 days agoBusinessWall Street JournalU.K. Retail Sales Slowed in May, Report SaysSales in U.K. stores slowed in May as consumers reduced their spending on nonessential items, the latest report from the British Retail Consortium and KPMG showed. U.K. total retail sales for the four weeks to May 31 rose 1% on year, the slowest growth in 2025 so far. The result was driven mainly by food and drink, with nonfood purchases falling overall.
Wall Street Journal2 days agoBusinessWall Street JournalU.K. Retail Sales Slowed in May, Report SaysSales in U.K. stores slowed in May as consumers reduced their spending on nonessential items, the latest report from the British Retail Consortium and KPMG showed. U.K. total retail sales for the four weeks to May 31 rose 1% on year, the slowest growth in 2025 so far. The result was driven mainly by food and drink, with nonfood purchases falling overall.