KPMG

This coverage tracks KPMG’s involvement in the UK petcare industry, from market analysis and consultancy projects to advisory work with retailers, distributors, and suppliers. Pet Gazette reports on KPMG’s research findings, sector forecasts, and business strategy insights that influence decision-making across the pet trade. Articles highlight how the firm’s expertise in finance, operations, and market intelligence supports growth, efficiency, and competitiveness for businesses in retail, wholesale, importing, and supply chain management.

Mar- 2022 -

23 March

Current Affairs

Inflation hits 30-year high at 6.2% in February

The Consumer Prices Index (CPI) rose by 6.2% in the 12 months to February 2022, up from 5.5% in January, according to the Office for National Statistics (ONS). It revealed this is the highest CPI 12-month inflation rate in the national statistic series which began in January 1997, and the…
Read More »
16 March

Retailers

Retail sales monitor shows ‘cause for optimism’, Bira says

The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor for February 2022 which revealed that UK retail sales increased 2.7% on a Like-for-like basis from February 2021. According to the BRC the performance comes on top of an improved…
Read More »
Jul- 2021 -

13 July

Economy

UK retail sales jump 13.1% in June

Total retail sales in the UK increased by 13.1% in June, according to the latest BRC-KPMG retail sales monitor. On a like-for-like basis, the country’s retail sales rose by 17% from June 2019, with non-food reporting a like-for-like sales jump of 47%. In the nation’s high street stores, sales were…
Read More »
Jun- 2021 -

11 June

Economy

Retail boosted by ‘buoyant’ May sales

The UK’s retail sector in May has been boosted by “buoyant” sales, according to the British Retail Consortium (BRC). Over the period, sales increased by 10% on a year-on-two-years basis, against a decline of 2.7% in May 2019. This represents a rise from the three-month average growth of 8.5%. Due…
Read More »
Feb- 2021 -

9 February

Retailers

January retail sales slump to lowest level since May 2020

January saw retail sales growth decline to its lowest level since May of last year, figures by the BRC and KPMG show. According to the pair’s sales monitor, total retail sales dropped by 1.3% in January compared to 0.4% in January 2020 as national lockdown measures continue to disrupt trading. …
Read More »
Jan- 2021 -

12 January

Current Affairs

British retailers suffer worst year on record, BRC reveals

British retailers suffered one of the worst years on record for sales growth, a new study by KPMG and BRC reveals. According to the pair’s ‘retail monitor’, total sales declined 0.3% compared with 2019. Sales on non-food items such as clothing also witnessed a 5.0% dip, due to national lockdowns…
Read More »
Sep- 2020 -

8 September

Economy

UK retail sales increase by 4.7% in August

UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released in BRC-KPMG’s Retail Sales Monitor report for the month. Overall sales increased by 3.9% in the period, in comparison to a decline of 0.4% in August 2019. This is above…
Read More »
Jul- 2020 -

14 July

Economy

June retail sales show signs of recovery

Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of growth registered since the UK lockdown began. This is according to the latest BRC–KPMG retail sales monitor, which found that the increase in retail sales to be above the three-month…
Read More »
Jun- 2020 -

12 June

Economy

UK GDP slumps over 20% in April as full impact of Covid-19 is felt

GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from the Office for National Statistics (ONS). It is the biggest monthly fall since the ONS’ series began in 1997, with the measure also falling by 10.4% in the three months to April…
Read More »
10 June

Coronavirus

UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic

The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with the economy unlikely to be able to fully restart until a vaccine or effective treatments for the virus are available. This is according to KPMG UK’s latest quarterly Economic Outlook,…
Read More »