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Retail Futures H1 2011: Online
Verdict Research Limited, March 2011, Pages: 32
Verdict Research: Retail Futures is a unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures. 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).Brief review of economic trends and how they impact retail, explaining how we believe key economic metrics will evolve over the next two yearsForecasts of how overall retail and retail sectors will fare over the next ten quarters, examining volume, inflation and overall growth ratesCategory level forecasts are provided to fully inform growth strategiesGrowth slowed in Q4 2010, as retailers were impacted by weather
- Non food is the worst hit, with growth of just 0.1% as out of town retailers particularly suffer
- Food a priority, remaining resilient, with growth boosted to 3.9%H1 sees volumes take a major hit
- Overall sales growth in Q1 and Q2 will be driven by inflation, with all sectors facing pricing pressures
- Consumers will cut back on volumes as a result – as already tight budgets cannot be stretched to cover price increasesNon food growth to fall into negative territory in Q1 2011
- After three quarters of positive growth non food expenditure will fall 0.4% in Q1, hit by low consumer confidence and consumers reigning in discretionary spending
- Food keeps Q1 growth in positive territory, through this is mainly driven by inflationFind out which retail sectors will perform the best in 2011 and build strategies around itThis unique service provides regularly updated forecasts that ensures you are making the right decisions, based on the latest dataThe reliable and accurate data exposes opportunities for growth and is a key operational planning tool to aid tactical and strategic decision-makingIt allows you to benchmark performance with confidence and set effective targets to help maximise performance
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