JK Marshall Mercantile Reports Inflation Impacts UK Retail Sales

JK Marshall Mercantile says UK retail sales, which were initially propped up thanks to the sunshine and a multitude of overdue weddings in April, are now on a steady decline as consumers tighten their purses in a highly inflationary environment and deteriorating consumer confidence

A recent report by JK Marshall Mercantile showed how the pandemic created an environment whereby many retail outlets oscillated between being open and closed, which had a clear impact on sales as well as on consumer spending patterns. The report revealed that consumers either migrated to online purchasing or closed their wallets altogether, as cons..

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