Consumer Confidence
Confidence in the economy continues to improve. The percentage of people who believe the economy will worsen has fallen by 3.1 percentage points since last month; this represents a continuation of a gradual recovery that has been in place since the low reached in April. Better economic news and a feel good factor have helped …
August 31, 2012
ONS Retail Sales Figures
July change (year-on-year) Total* 3.7 % *This figure is non-seasonally adjusted year-on-year value growth, excluding petrol, which we believe gives the most accurate reflection of retail performance As usual, the ONS numbers should be treated with a healthy dose of scepticism; not least because of the constant level of nonsensical revisions. When we reported …
August 21, 2012
Home Enhancement Charity Shoot attracts top retailers
Over 70 of the industry’s leading personalities took to the Berkshire countryside to take part in the annual charity clay pigeon shoot at the Royal Berkshire shooting school on the 14th June. This year’s sponsors Crown Paints, CWV Group, QEP/Vitrex, Sunflex & Yale were supported by the major retailers and wholesalers, including, Decco, Dunelm, Homebase, …
August 15, 2012
BRC Figures
July change (year-on-year) Total +2.0% LFL +0.1% Although these figures only include the very start of the Olympic Games it is probably fair to say that the much hoped for ‘summer boom’is unlikely to materialise. Part of this is down to the poor weather which continues to hamper fashion sales and to erode footfall on …
August 7, 2012
Greggs Interim Results Announcement
New stores and a strong wholesale performance have helped Greggs to grow sales by 4.5%, despite a further weakening in like-for-likes which are down by 2.3% Greggs is heavily reliant on high street footfall to get consumers into its shops and is therefore a business which can legitimately point to the rainy summer as a …
August 7, 2012
BRC Inflation
Figures for July 2012 Overall inflation +1.0% Non-food inflation +3.1% Food inflation +0.3% Inflation continues to moderate with both the overall and food figure down slightly on last month; non-food inflation remains unchanged on June. While this slight disinflation is generally positive news for hard-pressed consumers, food inflation remains elevated and well above current …
August 1, 2012
