Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Early Easter Puts a Spring in Retailers’ Steps

Posted 24th April 2015

Early Easter Puts a Spring in Retailers’ Steps

David McCorquodale, UK head of retail comments on the benefits UK Retail saw during the early Easter.

Scroll to keep reading

Early Easter Puts a Spring in Retailers’ Steps

Early Easter Puts a Spring in Retailers’ Steps

Commenting on the publication today of the latest ONS retail sales figures, David McCorquodale, UK head of retail, said:

“According to the seasonally adjusted ONS statistics, March was a bumper month for retailers with total sales up in almost all categories. Volumes, excluding fuel, rose by 5% YOY, but discounting and deflation reduced the increase in values sold to 2.6%. This implies that promotional campaigns are working and driving sales.

“The main story I believe is the growth in grocery of 3.5% in volume terms. Grocers will be buoyed to see that their hard work is starting to pay off after months of frustration. However, as price deflation persists, the value of grocery sales increased by 0.9% indicating that a lot of hard work lies ahead for food retailers.

“With the upcoming election it will be interesting to see the impact a new government will have on consumer confidence, and while it is encouraging that retailers are benefitting from the economic recovery, they’ll need to continue to exercise some caution given the uncertainty ahead.”

Categories: Strategy

You Might Also Like

Top AI Agent Development Companies: How to Choose the Right Partner

Corporate Social Responsibility

09/07/2025Top AI Agent Development Companies: How to Choose the Right Partner

In today’s rapidly evolving technological landscape, selecting the right AI agent development company is a critical decision that can significantly impact your business outcomes. Before diving into the list of top companies, it’s essential to under

Over 35 Years of Sensational Success

17/01/2023Over 35 Years of Sensational Success

Complex litigation law can be extremely challenging to navigate however, with a strong, level-headed load of experience, we find ourselves in good hands with Marc J. Bern & Partners LLP.

Siloes and Separations: The IT Challenges of Mergers and Acquisitions

16/07/2024Siloes and Separations: The IT Challenges of Mergers and Acquisitions

Global mergers and acquisitions (M&A) are back on the rise. According to the London Stock Exchange Group, global takeovers totalled $1.3 trillion this year – an increase of 23% compared with the same period last year, Despite this uptick in activity, KPMG

AI-Powered Alternative Data Driving Extreme Market Research Disruption

04/06/2024AI-Powered Alternative Data Driving Extreme Market Research Disruption

Numerous indicators make clear that the next five years will usher in extreme transformation for a multitude of industries and sectors as well as the global economy at large. This begs the question: what is driving such significant and rapid change? This big q

Improving Speed And Efficiency In Global Deliveries

06/08/2024Improving Speed And Efficiency In Global Deliveries

Are you planning to expand your business internationally? With e-commerce booming and people expecting quick and reliable international shipping, companies are under pressure to keep up. To stay ahead, businesses need to get creative and find new ways to optim

Comprehensive Guide to Understanding Your Benefit Entitlements

27/10/2023Comprehensive Guide to Understanding Your Benefit Entitlements

If you’re on the journey of hiring in the beautiful land of Australia, it’s super crucial to nail that benefits package. Not only do you need to stay aligned with Australia’s labour laws (no one likes legal hiccups, right?), but you also want

Six Benefits of A VPN

22/03/2023Six Benefits of A VPN

Whether you are running an online business or simply just a consumer trying to have the best experience on the internet possible, things are only sometimes plain sailing.

Providing Peace of Mind

04/01/2017Providing Peace of Mind

In an interview with Globetrotters Legal’s Paa Kwesi Hagan, he turns the spotlight on his responsibility for the firms’ corporate immigration and compliance department, and how they are positioning themselves to be the firm of choice for companies doing bu

What lessons has the pandemic taught us about the fluidity of labour in the run up to Brexit?

25/11/2020What lessons has the pandemic taught us about the fluidity of labour in the run up to Brexit?

So much time and angst has been spent on the B word since May 2016, much of it around the issue of fluidity of labour across borders. But what this year has shown is that technology and talent refuse to recognise borders: try building a wall in the cloud. So m

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS