Supermarkets cash in as TV and jewellery shops fail to shine in early summer sales, says major survey

Online outlets cashed in, supermarkets did well in the good weather, stores selling electronics and TVs did less well, while jewellery and lingerie had a slack early summer, according to a sector-by-sector breakdown of how retailers have fared in recent months.

Supermarkets cash in as TV and jewellery shops fail to shine in early summer sales, says major survey

Online outlets cashed in, supermarkets did well in the good weather, stores selling electronics and TVs did less well, while jewellery and lingerie had a slack early summer, according to a sector-by-sector breakdown of how retailers have fared in recent months.

The survey by Grant Thornton for business group Retail Excellence, and which covers 4,500 retailers in the three months to the end of June, shows that retail sales across the industry were up by an average of 1.2% from the same period in 2018 — but there were significant winners and losers in the mix.

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