The Courier & Advertiser (Perth and Perthshire Edition)

High Street stores and non-essential purchases shunned

BREXIT: Sales fall for fifth consecutiv­e month as political uncertaint­y remains

- JIM MILLAR jimillar@thecourier.co.uk

The continuing Brexit impasse may be holding consumers back from serious spending commitment­s as shoppers “focus on necessitie­s”, a report by the Scottish Retail Consortium and KPMG has found.

The Scottish Retail Sales Monitor report for September found total sales in Scotland fell by 1.9% compared with the same period last year when they increased by 0.9%.

In September, Scottish sales fell by 2.3% on a like-for-like basis compared with September 2018, when they declined by 0.2%.

Total food sales increased by 2.3% against last year, when they increased by 3.7%.

Adjusted for the estimated effect of online sales, total non-food sales decreased by 5.3% in September 2019 compared to September 2018, when they remained flat.

Paul Martin, UK head of retail at accountanc­y giant KPMG, said the results reflected the overwhelmi­ngly challengin­g conditions currently facing Scotland’s high streets at this time of considerab­le uncertaint­y.

He said: “There’s clear evidence that uncertaint­y – both politicall­y and economical­ly – is impacting consumer confidence with shoppers choosing to slim down unnecessar­y purchases and focus on the essentials.

“The next few months could be makeor-break for many of Scotland’s most high-profile brands.

“A clear strategy will be essential, focusing on cost reduction and sales maximisati­on.”

The next few months could be make or break for many of Scotland’s most highprofil­e brands. PAUL MARTIN KPMG

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