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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Aug- 2018 -23 AugustOnline & Digital
Online delivery volumes defy expectations in July
Online retail parcel delivery order volumes were up 15.2% year-on-year in July, according to the latest data from the IMRG MetaPack UK Delivery Index. The association said usually delivery growth plateaus during summer as people tend to go abroad, but as people stayed at home due to the hot weather…
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21 AugustHigh Street
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part of its ongoing turnaround strategy. The retail chain formerly known as Staples has spent the last two years performing an operational restructuring which it said has “significantly improved” its store…
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13 AugustEconomy
Household spending drops 0.9% in July
Household spending dropped 0.9% in July due to “disappointing growth” in real earnings, according to Visas’ UK Consumer Spending Index. The quickest fall in spend was registered in retail categories, decreasing by 1.2% year-on-year, and ecommerce expenditure fell by 0.5% after a marginal rise during June (0.4%). According to the…
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6 AugustHigh Street
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same month in 2017. According to the Ipsos Retail Traffic Index, footfall was down in all regions compared with July 2017 with Scotland and Northern Ireland seeing 6.5% less shoppers on…
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Jul- 2018 -31 JulyEconomy
Consumer confidence dips in July
Consumer confidence dropped in July despite the boost of the World Cup and heatwave, a new survey suggests. According to GfK’s most recent Consumer Confidence Index, which surveys 2,000 respondents, confidence dropped by one point to -10 compared with June. The index has registered confidence levels at zero or below…
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24 JulyEconomy
Over 30,000 retailers in ‘significant financial distress’ at end of Q2
Over 30,000 retailers were found to be in “significant financial distress” at the end of June 2018, according to research Professional services firm Begbies Traynor’s ‘Red Flag Alert’ research for Q2 2018 found 472,183 businesses were experiencing financial distress, a 9% increase when compared with the same period the previous…
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12 JulyEconomy
Hot weather springs profit warning at DFS
DFS has announced a profit warning, blaming poor sales performance on decreased high street footfall during the hot weather, disruption to supply chains, and “lower than expected order intake”. The furniture retailer said it expects EBITDA for the full financial year to be down on last year’s total of £82.4m,…
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May- 2018 -30 MayOnline & Digital
Average online order value rises for 14th consecutive month
The average order value for online purchases has increased for 14 months in a row, according to new data. Figures from the IMRG MetaPack UK Delivery Index showed UK shoppers fuelled most of the increase, with the value for each month increasing compared with the same month the previous year.…
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1 MayHigh Street
Carpetright expects £9m profit drop
Carpetright has warned pre-tax profits will fall £9m for the year ending 28 April 2018. According to the carpet retailer this performance, combined with that of the previous nine months, will result in full year like-for-like sales falling by 3.6%. Like-for-like sales in Europe fell 8.3% in the final quarter,…
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Apr- 2018 -30 AprilEconomy
Consumer confidence drops further in April
UK consumer confidence has dropped even further in the month of April, according to market research institute GFK. The institute’s Consumer Confidence Index dropped by two points to -9 in April, the 28th consecutive month without an overall positive index score. Four out of the five index measures decreased, with…
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