IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Retail sales for Great Britain rose in July 2020

August 26, 2020

For Great Britain, retail sales volumes for July 2020 rose by 3.6% relative to June 2020, and are 3.0% above pre-pandemic levels in February 2020, according to the Office of National Statistics. Moreover, retail sales value increased by 4.4% over the month and 1.7% when compared to February 2020.

Food store sales and non-store retailing volumes, in July, stood at high sales levels, regardless of monthly contractions in these sectors at -3.1% and -2.1%, respectively.

In July, fuel sales started to rebound from low sales but were still 11.7% lower than in February. Besides, recent research shows that the car traffic in July was about 17% lower than in the first week of February, according to data from the Department of Transport.

Clothing store revenues were the hardest affected during the pandemic, and in July, revenues remained 25.7% lower than in February, in spite of a monthly rise of 11.9% in July 2020.

There was a 7% decline in online retail sales in July in comparison to June. However, over the pandemic, there was also strong growth, which indicated that sales are still 50.4% greater than February’s pre-pandemic levels. Moreover, ONS noted that, “all sectors saw a decrease on the month, with large falls in non-food stores. This resulted in a lower proportion of money spent online at 28.9% in July than June at 31.9% but was still much higher than February 2020 at 20.0%.”

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_537598660
August 25, 2026 The Dominican Republic’s export sector continued to strengthen during the first seven months of 2026, with total shipments reaching a…
shutterstock_316932977-700x441
August 25, 2026 The United States has imposed a new round of sanctions on Cuban officials, state entities and businesses, marking another escalation …
shutterstock_453968572
August 25, 2026   United States:   Dollar Debasement Frees EM Currencies From Treasuries’ Weight   US Treasuries and emerging…
MIL
August 24, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 21, 2026, was J$8.32. MJE’s cl…
shutterstock_148562033
August 24, 2026   Supreme Ventures Limited (SVL) has advised that on August 21, 2026, a Senior Manager sold 511 SVL shares.   …
shutterstock_148562033
August 24, 2026   JMMB Group Limited (JMMBGL) has advised that a connected party purchased a total of 253,335 JMMBGL shares during the peri…
shutterstock_148562033
August 24, 2026   JFP Limited (JFP) has advised that a Director sold 3,793,557 JFP shares on August 18, 2026.   Disclaimer: …
MJE
August 24, 2026 Mayberry Jamaican Equities Limited (“MJE” or the “Company”) wishes to advise as follows: – MJE10FR2026T2 (Tranche II Bonds):…