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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Jun- 2019 -28 JuneEconomy
UK consumer confidence slips in June
Market research company GfK’s long-running Consumer Confidence Index has showed that confidence among consumers in the UK has decreased by three points to -13 in June. The measure for the general economic situation of the country during the last 12 months decreased month to -32 during the month, four points…
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May- 2019 -31 MayEconomy
Consumer confidence increases in May
Consumer confidence rose by 3 overall to -10 for the month of May, according to GFK’s Consumer Confidence Index. Four measures increased and one stayed the same. Forecasts for the general economic situation over the next 12 months have increased five points to -29; but is still eight points lower…
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24 MayHigh Street
Mothercare swings to £87.3m loss in 2018
Mothercare has reported losses before tax of £87.3m for the year ending 30 March 2019. UK like-for-like sales declined by 8.9% compared with the prior year, which the retailer said was “exacerbated” in the first half by reduced consumer confidence in the brand following the group’s refinancing, together with “wider…
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21 MayDIY
Halfords sees FY profits drop 17.9%
Halfords has reported a 17.9% drop in annual profits and has warned that “fragile” consumer confidence means it expects a flat outcome in its new financial year. The car parts and bicycle retailer announced its preliminary results for the 52 weeks ended 29 March 2019 that profit before tax was…
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9 MaySupermarkets
Morrisons sales fall short of expectations in Q1
‘Big Four’ grocer Morrisons has seen a slowdown in sales growth for the 13 weeks to 5 May, with retail sales contributing only 0.2% to the total increase in group like-for-like (LFL) sales of 2.3%. The figure is lower than the 3.6% increase seen during the same quarter last year,…
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Apr- 2019 -30 AprilEconomy
Consumer confidence remains negative in April
Consumer confidence remained at its level of -13 in April according to GfK’s Consumer Confidence Index. Two measures increased and three saw a decrease during the month. The index measuring changes in personal finances during the last 12 months has decreased this month to -1; this is the same as…
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26 AprilEconomy
Retail sales growth picks up for first time in five months
Retail sales grew for the first time since November 2018 in the year to April, according to the latest monthly Confederation of British Industry (CBI) Distributive Trades Survey. The survey of 110 firms, of which 55 were retailers, showed that sales volumes rose for the first time in five months,…
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Mar- 2019 -29 MarchEconomy
March consumer confidence ‘holds steady’
Market research company GfK’s long-running Consumer Confidence Index has showed that confidence among consumers in the UK stayed at the same level of -13 in March. Personal finances during the last 12 months has stayed the same this month at 0; three points lower than March 2018. The forecast for…
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28 MarchEconomy
Retail sales fall in March
Retail sales volumes fell in the year to March, compounding a “subdued start to 2019”, according to the latest monthly CBI Distributive Trades Survey. The survey of 105 firms, of which 50 were retailers, showed an 18% drop in retail sales volumes, the fastest contraction in 17 months and marking…
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27 MarchAdvice
Three marketing principles for challenging retail conditions
It’s a great time for putting the boot into retail in the UK. With sales growth down year-on-year and 85,000 job losses across the sector, negativity is on-trend. Much of this pressure is being felt by high street retailers: increasing overheads and declining consumer confidence have led to a situation…
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