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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Jun- 2022 -24 JuneEconomy
Inflation drives disposable income to ‘lowest ever level’
Household discretionary income has fallen -17.2% in May to £41.94 a week (equivalent to £167.76 per month), marking another “record” low and the seventh consecutive month where discretionary income for the average UK household has dropped. According to Asda’s Income Tracker, 20% of households now have ‘negative discretionary income’, meaning…
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22 JuneEconomy
Inflation hits 40-year high in May
Inflation reached a 40-year high in May 2022 as the Consumer Price Index hit 9.1%, up from the 9% reported in April 2022. This was largely driven by food and non-alcoholic beverages, transport and housing, water, electricity, gas and other fuels. Food price inflation was driven largely by staples with…
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13 JuneOnline & Digital
Online retail growth drops 8.7% in May
Online retail sales growth declined -8.7% year-on-year in May 2022, despite being measured against a negative performance in May 2021 (-6%), as trading conditions continue to be “very tough”. According to the latest IMRG Capgemini Online Retail Index, which tracks online sales for 200 retailers, May’s results also represented a…
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May- 2022 -27 MaySupermarkets
Asda sales drop 9.2% to £4.64bn
Asda has reported its like for like sales (excluding fuel) fell by 9.2% to £4.64bn in the period from 1 January to 31 March 2022 (Q1), compared to the “exceptional” period of Q1 2021, when the UK’s third national lockdown resulted in more meals being consumed at home. Overall, the…
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Apr- 2022 -25 AprilSupermarkets
Asda invests £73m to tackle cost of living crisis
Asda has announced it will be investing over £73m in tackling the cost of living crisis for its customers and colleagues as it has “dropped and locked” the price of over 100 products until the end of the year, with prices reducing 12% on average. The supermarket has also confirmed…
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22 AprilEconomy
Retail sales tumble amid cost of living crisis
Retail sales fell by 1.4% last month as consumers reduced their spending amid the cost of living crisis. This marked a much steeper decline than the fall of 0.5% reported in February 2022, revised from a previous fall of 0.3%. According to the Office for National Statistics (ONS), the biggest…
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7 AprilHigh Street
Springboard warns of ‘calm before the storm’ as March footfall improves
Footfall strengthened noticeably in March to -15.3% below 2019, a bounce from -20.7% in February 2022, according to Springboard. Footfall improved in all three destination types, but high streets “particularly” benefited with an improvement of around a third to -17.4% below 2019 from -26.2% in February, overtaking shopping centres where…
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Mar- 2022 -16 MarchComment
From click to ring ring: a new way to check-out?
Last month, it was announced that the proportion of online retail sales fell to its lowest level since the e-commerce boom of March 2020 and in January, the online share of retail sales fell to 25.3%. While this dip is no doubt partly due to a rise in high street…
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2 MarchEconomy
UK retail prices rise to highest rate since 2011
Retail price annual inflation accelerated to 1.8% in February, up from 1.5% in January, marking the highest rate of inflation since November 2011, according to the British Retail Consortium (BRC) and NielsenIQ. The BRC said that food inflation remained the “key driver” behind the price rises. Food inflation remained unchanged…
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Feb- 2022 -18 FebruaryNews
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the latest figures from the Office for National Statistics. It also revealed sales volumes were 3.6% above their pre-coronavirus (Covid-19) February 2020 levels. Non-food stores sales rose by 3.4% as home…
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