Analysts warn ‘pingdemic’ could threaten turnaround in stores’ fortunes as economy reopens
The football European Championship and England’s run to the final helped retail sales increase by 0.5% in June, according to official figures.
A rise in food and drink sales last month, which many retailers credited to the Euros, offset a fall in household goods and furniture sales to push the overall level of sales above City expectations of a 0.4% rise.