Data from Top to Toe reveals sales figures for UK-based independent retailers in February were down overall compared to the year before. Average sales quantities for indie retailers was down by -1.83 per cent YoY while the average selling price for products fell by -0.12 per cent. Profit margins were also down by -1.12 per cent.
The figures are however an improvement on last month’s data. In January 2024, average sales quantity declined by -7.04 per cent YoY while average sales quantity fell by -2.34 per cent. Average selling price meanwhile decreased by -1.49 per cent.
