Disposable Income
This coverage analyses how changes in disposable income influence UK retail performance and consumer behaviour. Reporting explores economic indicators, spending patterns, affordability challenges, and their impact on retail sales, pricing strategies, and category performance. Designed for professionals assessing market conditions, forecasting demand, and shaping strategies in response to household financial trends.
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Sep- 2024 -11 SeptemberDepartment Stores
Dunelm PBT rises 6.6%
Dunelm has revealed that its profit-before-tax rose 6.6% to £205m, up from £193m, for the year ended 29 June 2024. Alongside this, the company’s total sales rose 4.1% to £1.71bn compared with £1.64bn in the same period last year. The company also stated it saw an increase in active customers…
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5 SeptemberNews
Asda becomes first supermarket to sell refurbished TVs
Asda has announced that customers in six locations will now be able to purchase refurbished TVs in a first for a UK supermarket. The retailer has refurbished three models of returned HD LED Smart Sharp and Polaroid TVs at its ERC (electrical returns centre) using recycled materials and they will…
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Jul- 2024 -17 JulyHigh Street
The Perfume Shop profits fall despite rise in revenues
The Perfume Shop has reported a fall in profits from £23.7m to £21.4m despite a 4.6% rise in revenues to £302.4m for the 52-week period ending 30 December 2023. Its profit after tax also dipped to £15.4m. The group stated that consumer sentiment remains subdued as inflationary pressures and high…
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Jun- 2024 -25 JuneNews
Disposable income for low-earning households hits 3-year high, Asda finds
Disposable income for low-earning households hit a near three-year high in May, following a 12.6% increase year-on-year, Asda’s income tracker has revealed. Despite this increase, budgets for these families remain under pressure in real terms, as their take home pay was still not enough to cover bills and essential spending,…
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May- 2024 -2 MaySupermarkets
Supermarket sales growth slows to 3.4% as inflation eases
Total Till sales across UK supermarkets slowed to a growth of 3.4% in the four weeks ending 20 April, down from a growth of 5.4% reported the prior month, according to new data from NIQ. The slowdown in sales comes as inflation eased in April, with sales also affected by…
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Jan- 2024 -31 JanuaryFeatures
It’s not all just fun and games
The UK toy industry reported that its annual sales dropped by nearly £200m in 2023. Sales dropped by 5% to £3.5bn, according to the annual toy industry report by the market research company Circana. The report stated that the decline reflected the broader impacts of challenging UK economic conditions. So,…
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Dec- 2023 -15 DecemberEconomy
Consumer confidence improves during December
Consumer confidence improved two points during December to -22 as sentiment improved ahead of Christmas. All five measures were up in comparison to last month’s announcement. The index measuring changes in personal finances during the last year is up two points at -14; this is 14 points better than December…
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8 DecemberAnalysis
What’s in store for retailers in 2024?
The announcement made by Chancellor Jeremy Hunt in the Autumn Budget has unveiled a series of measures aimed at bolstering the UK economy, with the aim to particularly benefit retail. Hunt believes that the reduction in National Insurance, the freezing of business rates, and increments in the National Living Wage…
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Nov- 2023 -24 NovemberFeatures
Better than forecasted: how is Black Friday 2023 doing?
According to last week’s release from MRI Software, Black Friday 2023 is going to be underwhelming for retailers compared to pre-pandemic levels. Does this still hold true? Can you expand further? At MRI Software what we predicted last week was that Black Friday would weaken compared with previous years and…
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Sep- 2023 -26 SeptemberNews
Oliver Bonas full-year profits jump 21% to £9m
Oliver Bonas has reported a 21% pre-tax profit increase to £9m for the year ending in December 2022. Sales for the group remained “resilient”, as revenues increased 23% to £115m, compared to the £92m reported for the same period the previous year. In addition, operating profit jumped to £62m, compared…
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