Retail sector sees unprecedented growth in sales during March
Kantar reports that grocery market growth for the 12 weeks to 22nd March was the fastest rate in over a decade. The rapid growth was driven by a 20.6% surge in sales over the last four weeks – equivalent to an extra £10.8bn of spending – as shoppers stocked up on groceries and switched back to retail from out-of-home consumption in response to the COVID-19.
Have a look at IGD’s analysis here.
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