April sales collapse under COVID-19 lockdown

This month’s BMBI report is unlike any other. The Government enforced COVID-19 lockdown came late in March, so had a limited impact last month. However, April took the full force, with many trades not working and most merchants temporarily closing branches or providing a restricted service only for essential sectors or emergencies. As a result, this report contains unprecedented figures.

Year-on-year

Total Builders Merchants value sales in April were down 76.3% compared with April 2019. All categories saw heavy falls, with Workwear & Safetywear least affected (-60.2%), and Tools (-90.0%) hardest hit. Kitchens & Bathrooms (-86.8%) and Decorating (-81.6%) were also particularly weak.

Month-on-month

Compared with March, total merchant value sales in April dropped -72.1%, with two less trading days. All categories were severely hit with Services (-59.0%) and Landscaping (-64.5%) the least affected. Tools (-87.4%) and Kitchens & Bathrooms (-85.3%) were weakest. Average sales a day, which removes trading day differences, were 69.3% lower overall than in March.

Index

April’s BMBI index was 29.0 and all categories were well down.

For the full report, click here

BMBI Experts speak exclusively for their markets, explaining trends, issues and opportunities. For the latest Expert comments click here, and to listen to the latest Round Table videos, click here.

Share this article:

Categories

View All (867)

Archive