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Viewing report
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UK Retail Performance: Christmas 2010 Trading Review
Verdict Research Limited, March 2011, Pages: 32
Christmas 2010 was set against a backdrop of higher unemployment due to government spending cuts, the prospect of higher taxes including a rise in VAT to 20.0% in January 2011, and inflation in household expenses, then heavy snow disrupted the key December trading period. Despite this the majority of retailers' trading updates were positive - find out why.The like-for-like and total growth in Q4 and Dec 2010 of over 50 retailers analysed and compared with 2009Five year growth trends by sector and channel; department stores, health & beauty, clothing, electricals, home, books, music, food & grocery.The standout winners were the premium niche, and luxury brands, while the value retailers, like their customers, were suffering. Online is essential at this period and having a multi channel operation is vital for physical retailers' success.Who were the winning and losing retailers & sectors in Q4 2010, and why?What trends emerged from retailers' trading updates and what is the forecast for 2011?
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