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Retail Futures Q4 2010: Online
Verdict Research Limited, Oct 2010, Pages: 32
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).
Scope of the report:
- 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.
- Category level forecasts are provided to fully inform growth strategies.
- Forecast for online retailing, analysing total online spend, split down into food and non-food.
Highlights:
Growth improves in Q4, 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
Reasons to purchase:
- What impact will public sector cuts have on the retail sector?
- How will the online market perform in 2011, compared with total retail?
- What effect will inflationary pressures have on the online market?
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