Do you have a story to share with Retail Sector readers?

Submit here

Consumer Confidence

This coverage explores trends and insights into consumer confidence and their impact on the UK retail sector. Reporting includes survey data, economic indicators, shopper sentiment, and analysis of how confidence levels influence spending patterns, sales performance, and strategic planning. Designed for retail executives and managers, it provides context for understanding demand fluctuations and preparing for market challenges.

  • Jul- 2024 -
    3 July
    DIYTopps Tiles Q3 sales fall 6.9% amid ‘subdued demand’

    Topps Tiles Q3 sales fall 6.9% amid ‘subdued demand’

    Topps Tiles has reported that sales were 6.9% lower year-on-year during the third quarter to 29 June, as the trading environment remained “broadly unchanged” from that described in its interim results on 21 May. It revealed group sales were also 6.2% lower than the prior year in the 39-week period.…

    Read More »
  • Jun- 2024 -
    27 June
    AdviceHow to make the most out of random uplifts in footfall

    How to make the most out of random uplifts in footfall

    Heightened footfall in any given month is mostly random, and even when you can anticipate it – if there’s a big event going on or if it’s a public holiday – something is bound to make the footfall on those days either lacklustre or bountiful, such as the weather.  The…

    Read More »
  • 27 June
    NewsHalfords profits fall by 18.3% in FY24

    Halfords profits fall by 18.3% in FY24

    Halfords has seen its pre-tax profits fall by 18.3% to £36.1m in the year ended 29 March.  The retailer attributed this to market volumes in cycling and consumer tyres falling year-on-year, worse than industry expectations. These markets remain depressed compared to the pre-Covid period, with bike volumes down 30% and…

    Read More »
  • 27 June
    Luxury GoodsWatches of Switzerland EBITDA falls 11% amid 2% rise in group revenues

    Watches of Switzerland EBITDA falls 11% amid 2% rise in group revenues

    Watches of Switzerland has reported a 11% decline in adjusted EBITDA amid a 2% rise in group revenues to £1.5bn at constant currency for the 52 weeks ended 28 April 2024. Its US sales increased 11% to £692m, while its UK and Europe sales dipped by 5% to £846m, impacted…

    Read More »
  • 21 June
    NewsToday’s news in brief-21/6/24

    Today’s news in brief-21/6/24

    UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to the Office for National Statistics, sales volumes rose across various sectors, with clothing retailers and furniture stores rebounding after poor weather in April. Over the three months to May 2024,…

    Read More »
  • 21 June
    NewsConsumer confidence up three points in June, Gfk finds

    Consumer confidence up three points in June, Gfk finds

    Consumer confidence increased by three points in June to -14, the latest Gfk consumer confidence index has revealed.  According to the index, the measure for the general economic situation of the country during the last 12 months is up seven points at -32. This is 22 points higher than in…

    Read More »
  • 4 June
    EconomyUK retail sales improve by 0.7% in May

    UK retail sales improve by 0.7% in May

    UK total retail sales increased by 0.7% year on year in May, against a growth of 3.9% in May 2023.  This was above the 3-month average growth of 0.3% and below the 12-month average growth of 2.0%. Food sales increased 3.6% year on year over the three months to May,…

    Read More »
  • May- 2024 -
    24 May
    NewsToday’s news in brief-24/5/24

    Today’s news in brief-24/5/24

    In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather, as reported by the Office for National Statistics (ONS). Non-food stores experienced a significant 4.1% fall, equalling the largest drop since January 2021, with clothing, sports equipment, and furniture retailers…

    Read More »
  • 24 May
    EconomyConsumer confidence recovers in May

    Consumer confidence recovers in May

    Consumer confidence has continued to recover by a three-point rise to -27 in May, according to GfK’s long-running Consumer Confidence Increase.  While all measures were up in comparison to last month’s announcement, the figures remain in the minus.  The forecast for personal finances is expected to increase five points to…

    Read More »
  • 24 May
    EconomyRetail sales slump 2.3% in April amid wet weather

    Retail sales slump 2.3% in April amid wet weather

    Retail sales fell by 2.3% in volume over April, following a fall of 0.2% in March, as the retail sector was hampered by ongoing wet weather over the period. According to the Office for National Statistics (ONS), sales volumes were down across most sectors, with non-food stores particularly “doing badly” as…

    Read More »
Back to top button
Secret Link