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5% fall in sales for independent retailers according to latest Kantar figures

In-store footfall continued to grow in supermarkets over the same period

Local high street shops

Independent retailers reported a 5% annual fall in sales in August, according to new figures from Kantar.

Data showed that symbol groups and independent stores held 1.6% of the total grocery market share in the 12 weeks to 7 August, down from 1.8% in August 2021.

However, in-store footfall continued to grow in supermarkets, with multiples recording 2.2% annual growth.

As food inflation hit 11.6% last week, the report said shoppers were visiting different retailers to find the best value.

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