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.
-
Oct- 2019 -31 OctoberEconomy
Consumer confidence drops further in October
Gfk’s long-running Consumer Confidence Index decreased two points to -14 in October. The measure for the general economic situation of the country during the last 12 months decreased by one point during month to -33, five points lower than in October 2018. Expectations for the general economic situation over the…
Read More » -
22 OctoberEconomy
Consumer confidence drops in Q3 amid continued Brexit uncertainty
The Deloitte consumer confidence index fell to -9% in Q3 2019, one point lower than in the previous quarter and two points lower compared to the same period a year ago. Confidence is now at a level last seen in Q4 2018 and below the Deloitte Consumer Tracker’s long-running average.…
Read More » -
21 OctoberPeople Moves
Matalan strike suspended after bosses offer new pay deal
A long-running Matalan strike has been called off after bosses made GMB members a new pay offer. More than 500 workers at Matalan’s Northern Distribution Centre based in Knowsley, Merseyside, had been on strike after management made a pay offer which GMB said amounted to a “real terms pay cut”.…
Read More » -
15 OctoberClothing & Shoes
Matalan revenue growth dented by ‘awful’ weather and political uncertainty
Fashion retailer Matalan saw its total revenue increase to £292m in the Q2 2019, despite the weather and political and economic uncertainty “eroding the full price sales potential of the season”. It said that during the 14 weeks ended 31 August 2019, ongoing uncertainty “weighed heavily” on consumer confidence and…
Read More » -
Sep- 2019 -27 SeptemberEconomy
UK consumer confidence improves in September
GfK’s long-running Consumer Confidence Index increased two points to –12 in September. The index measuring changes in personal finances during the last 12 months has increased by three points this month to +2, one point higher than September 2018. The measure for the general economic situation of the country during…
Read More » -
20 SeptemberHigh Street
Eve Sleep issues profit warning as Simba merger talks end
Mattress retailer Eve Sleep has issued a profit warning, after merger talks with Simba Sleep, first announced on 12 August, have collapsed. The group’s board said it decided that now is “not the right time to pursue the potential merger” and that it was more appropriate to focus on its…
Read More » -
12 SeptemberDepartment Stores
John Lewis warns of no-deal Brexit amid £26m loss
John Lewis Partnership has reported a loss of £25.9m for the first half of the year, warning that a no-deal Brexit may lead to “significant” impact it may not be able to mitigate. For the half-year period ending 27 July 2019, the department store chain revealed that revenues slipped by…
Read More » -
9 SeptemberClothing & Shoes
Footfall drops off in late summer
Footfall continued its decline over the late summer, recording a 1.3% decline for the four week period to 24 August. According to the latest BRC-Springboard Footfall and Vacancies Monitor, the latest decline is compared with 1.6% drop for the same period last year. High street footfall declined by 1.9%, following…
Read More » -
4 SeptemberDIY
Halfords sales fall 3.9% amid poor weather and consumer confidence
Halfords has reported a 3.9% drop in revenues for the 20-week period ending 16 August, after it revealed “wetter weather” and “weak consumer confidence” impacted sales. Like-for-like revenue at a group level declined by 3.2% in the period, with retail sales falling 3.9% and motoring by 5.9%. Halfords said while…
Read More » -
Aug- 2019 -30 AugustEconomy
UK consumer confidence decreases three points in August
GfK’s long-running Consumer Confidence Index decreased by three points to -14 in August. The measure for the general economic situation of the country during the last 12 months decreased by two points in August month to -34, eight points lower compared with the same period last year, and expectations for…
Read More »
