
England’s march to the final of the Euros men’s football tournament as well as other set piece sports events including Wimbledon and the Paris Olympics gave a helping hand to the high street in July when retail sales bounced back by 0.5% following a slump in June.
The Office for National Statistics (ONS) said turnover at “department stores and sports equipment stores grew strongly with retailers suggesting that summer discounting and sporting events, such as the European football Championship, boosted sales.”