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.
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Oct- 2019 -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…
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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…
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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…
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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…
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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…
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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…
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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…
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Jul- 2019 -31 JulyEconomy
Consumer confidence increases by two points in July
Consumer confidence rose by 2 overall to -11 for the month of July, according to GFK’s Consumer Confidence Index. Personal finance situation for the next 12 months continues to recover, +5 for the month, matching the same period last year. The major purchase index increased six points in July to…
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11 JulyHigh Street
DFS shares fall over ‘Brexit uncertainty’ despite sales growth
Furniture retailer DFS saw shares drop by nearly 4% in early trading today (11 June), despite a 17% increase in like-for-like sales for the year ending 30 June 2019. It came after the retailer warned investors that it remains “mindful” of the “volatile” political and economic backdrop, and how it…
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9 JulyEconomy
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to new data from the BRC. The group said the decline dragged the three-month average into a decline of 0.1% and the 12-month average to an increase of 0.6%, the lowest…
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