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.
-
Apr- 2020 -29 AprilHigh Street
Shop prices fall 1.7% as non-food items suffer
Shop Prices fell by 1.7% in April, compared with the 0.8% decrease seen in March, making it the highest rate of decline since January 2017 according to the BRC-Nielsen Shop Price Index. Non-food prices fell sharply by 3.7% in April compared to a decline of 1.9% in March. This is…
Read More » -
24 AprilHigh Street
UK consumer confidence remains steady despite nearing record low
GfK’s long-running Consumer Confidence Index has remained at -34 for April, only five points away from the record -39 low seen in July 2008. The measure for the general economic situation of the country during the last 12 months dropped by four points to -44 during the period, which is…
Read More » -
6 AprilEconomy
Consumer confidences slumps to lowest level since records began
Gfk’s long-running Consumer Confidence Index has decreased drastically by 25 points between the first two and last two weeks of March, falling to –34. According to the market research organisation, it’s the biggest fall since records began in January 1974. The ‘Personal Financial’ index fell by six points to -4…
Read More » -
Mar- 2020 -31 MarchCoronavirus
Consumer confidence slips in March
Consumer confidence in the UK decreased by two points to -9, according to the latest figures from the GfK. Within the group’s consumer confidence index, one measure increased, three measures decreased, and one measure remained the same in the month of March. The personal finance situation index for the last…
Read More » -
23 MarchAdvice
How retailers can stay successful when face-to-face marketing and selling is affected
As coronavirus spreads, companies are taking preventive measures to try to keep their employees safe. But with these measures, day-to-day business processes – including manufacturing, marketing, and selling – are being put to the test. How are businesses being affected by Coronavirus? Companies are caught in a spiral of uncertainty,…
Read More » -
17 MarchHigh Street
ScS delays full results amid Covid-19 developments
Furniture retailer ScS has announced that gross profit is expected to increase 0.3% to £71.7m during the first half of the year, but has delayed the release of its full results due to recent coronavirus measures introduced. In its upcoming interim results, it also expects gross sales to increase 0.5%…
Read More » -
10 MarchHigh Street
DFS sales slide amid ‘challenging’ conditions
DFS has announced that its group revenue fell by 5.7% to £488m in the half-year period ended 29 December 2019. The furniture retailer said that such results were “as expected” against a “strong” comparative period, however, which was bolstered by “latent demand” and a higher opening order book. Meanwhile, gross…
Read More » -
Feb- 2020 -28 FebruaryHigh Street
Consumer confidence rises in February
Consumer confidence has increased two points to –7 this month, according to the latest figures from the GfK. According to its Consumer Confidence Index, three measures increased, one measure decreased, and one measure remained the same during February. The Personal Finance Situation index, which measures changes in personal finances during…
Read More » -
18 FebruaryEconomy
Consumer confidence reaches record-high in February
The IHS Markit Household Finance Index reached a record-high of 47.6 in February, up from 44.6 last month. IHS Markit, the global information provider which compiles the survey, said it is the highest index reading since the survey began 11 years ago. The firm added that while the figure is…
Read More » -
11 FebruaryAnalysis
Yes, the trade barriers are coming
I think both Leavers and Remainers probably expected this in the long run – Michael Gove announced yesterday that businesses should “accept” that frictionless trade with the EU will be impossible whatever agreement is finally reached by the deadline of 31 December this year. This is the cost, he says,…
Read More »
