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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Mar- 2022 -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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Jan- 2022 -28 JanuaryHigh Street
Store vacancy rate improves for first time since 2018
New research has found the number of vacant stores has decreased for the first time since 2018, according to the latest BRC-LDC Vacancy Monitor. In Q4, the GB store vacancy rate fell to 14.4%, 0.1 percentage points below the Q3 level. Shopping Centre vacancies improved to 19.1% for Q4, a…
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Jul- 2021 -30 JulyHigh Street
One in seven UK shops still remain vacant, BRC reveals
More than one in seven shops on UK high streets, retail parks and shopping centres are currently vacant, according to the latest data from the Local Data Company and the British Retail Consortium (BRC). The data revealed that fashion stores were amongst the “hardest hit” as customers primarily shifted to…
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May- 2021 -25 MayEconomy
Family spending power reaches 11-year high
The average family disposable income in the UK has reached an 11-year high, according to Asda’s latest Income Tracker. Income increased by 13.1% year-on-year in March, representing a weekly income rise of £28 for each household. London saw the smallest annual growth with a rise of 8%, while disposable incomes…
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Feb- 2021 -1 FebruaryCoronavirus
New lockdowns edge consumer confidence to near-record low
The final quarter of 2020 saw consumer confidence fall by 1%, to a near-record low -17%, according to the latest Deloitte Consumer Tracker. It found with the exception of personal finances, all other measures of confidence were below year-on-year comparisons, with ‘health and wellbeing’, and ‘children’s education and welfare’ categories…
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Aug- 2020 -11 AugustCoronavirus
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month of growth since the start of the pandemic. According to the latest BRC-KPMG retail sales monitor, UK retail sales increased by 4.3% in the month against the year prior, following…
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Jun- 2020 -11 JuneComment
Retail experience will never be the same
While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to see the high street in peril. Even prior to the outbreak, retailers had endured a torrid twelve months – a poor Christmas period had led into a traditionally weaker opening…
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Apr- 2020 -14 AprilComment
How cashierless technology can impact loyalty for retailers
“We’re just getting started here”, said Cameron James, VP of Amazon’s physical retail division. “I think what we’re trying to do here — and with all of our physical stores — is really work backwards from the customer and deliver some differentiation.” James was speaking at the opening of Amazon’s…
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Feb- 2020 -25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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