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Heatwave Drives Retail Surge in June | UK News
Description
June’s retail surge smashed expectations, fueled by a scorching heatwave that sent shoppers racing for AC units, summer gear, and online deals—driving online sales to their highest in five years and pushing overall retail up 4.2%. While clothing, footwear, and electronics saw healthy gains, department and household goods stores slipped, likely due to May’s post-heatwave spending. With rising energy costs, interest rates, and global uncertainty looming, the next few months could see consumers tighten their belts.
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