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Retail Futures Q4 2010: Online
Datamonitor, Oct 2010, Pages: 32
Introduction
Retail Futures is a unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures every three months. A Sector Summary Report and seven UK sector and two UK channel forecasts are available (Clothing & Footwear, DIY & Gardening, Electricals, Furniture & Floorcoverings, Food & Grocery, Health & Beauty, Homewares, e-Retail, DIY Superstores).
Features and benefits
Brief review of economic trends and how they impact retail, explaining how we believe key economic metrics will evolve over the next two years.
Forecasts of how overall retail and retail sectors will fare over the next nine quarters, examining volume, inflation and overall growth rates.
This unique service provides constantly updated forecasts than ensures you are making the right decisions, based on the latest data.
The reliable and accurate data exposes opportunities for growth and is a key operational planning tool to aid tactical and strategic decision-making.
It allows you to benchmark performance with confidence and set effective targets to help maximise performance.
Highlights
Growth improves in Q3, though remains relatively weak -Food remains the major driver of growth, though improvements are also seen in non food. -Total volume growth also improves, though is still low at just 0.5%.
Inflation a major driver -Increasing to 1.3% in Q3 and trending upwards in Q4 -Clothing & footwear a major driver of this – impacted by the weakness of sterling, rising cotton prices and increased transportation costs.
Food & grocery a focus at Christmas -Growth expected to rise to 3.7%, the highest this year, despite inflation easing. -Value for money will be high on the consumer agenda when making promotions
Your key questions answered
What impact will public sector cuts have on the retail sector?
How will the online market perform in 2011, compared with total retail?
How will the online market perform over Christmas 2010, compared with total retail?
What effect will inflationary pressures have on the online market?
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