According to the latest BDO High Street Sales Tracker, homeware sales continue to decline in the UK. This, despite overall sales showing growth at the beginning of April.
Total like-for-like (LFL) sales increased by 3.74% for the week ending April 7, 2024. However, homeware total LFL sales experienced a decline of -3.78% this week, compared to a poor base of -4.44% for the same week last year.
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Store homeware LFL sales saw a significant drop of -8.29% from a solid base of +8.30% for the same week last year, indicating the category's twelfth negative result so far in 2024.
Total in-store LFL sales also fell by -2.06% from a strong base of +10.12% for the same week last year. Conversely, total non-store LFL sales surged by +22.95% from a base of +2.08% for the same week last year.
BDO commented on the results, stating: 'Strong non-store sales across all retail segments boosted total LFL sales in the week, which included the Easter Monday bank holiday. This week's non-store sales result is the channel's strongest since the penultimate week of December 2023, which was also the final week of trading before Christmas.'
Source: www.bigfurnituregroup.com