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

A Successful Merger

03/03/2016A Successful Merger

Last year, Frankfurt based firm ARNECKE SIEBOLD and Munich based firm SIBETH combined to form ARNECKE SIBETH.

Pros and Cons of Buying a Car with Cryptocurrency

15/11/2021Pros and Cons of Buying a Car with Cryptocurrency

The advantages and pros of buying a car with Cryptocurrency are very much the same as with any other vehicle. This is because the main purpose of Cryptocurrency trading software or other automated trading robots is to match the amount of money coming in with t

The Minds Behind the New Era of Grant Management

07/10/2021The Minds Behind the New Era of Grant Management

Now with the title of ‘Best Online Application Management Solutions Firm’ for 2021 under its belt, USA based company ZoomGrants has been secured in its place as the leader of grant management software solutions. Combining top of the line technology with un

As the Auto Industry Goes High Tech, M&A Volume has Risen by 40%

30/04/2015As the Auto Industry Goes High Tech, M&A Volume has Risen by 40%

Hampleton Partners’ three year analysis shows rapid growth of acquisitions and UK leading European activity with 30 acquired targets.

What is Upskilling in the Workplace?

28/01/2022What is Upskilling in the Workplace?

We are now living in a more industrialized and modern world but still face skill problems. Aside from that, the current jobs worldwide are threatened with widespread automation. Other companies are problematic since they lack several talents who are knowledgea

Alternative Assets No Longer Considered Alternative

22/07/2015Alternative Assets No Longer Considered Alternative

Alternative Assets No Longer Considered Alternative

Agentic AI’s Success Depends on Data Integrity

10/06/2025Agentic AI’s Success Depends on Data Integrity

Interest in autonomous AI tools is accelerating, as businesses look to streamline operations and enhance customer experiences.

How Outsourcing IT Management Can Transform Your Business Operations

11/11/2024How Outsourcing IT Management Can Transform Your Business Operations

Managing IT can be challenging for any business, requiring specialized skills, time, and constant updates. As companies grow, internal teams may struggle to keep up with evolving demands, making outsourcing IT management an effective solution. This approach al

What to Do if You Can’t Make Your Business Loan

02/12/2021What to Do if You Can’t Make Your Business Loan

What To Do If You Can’t Make Your Business Loan There are a lot of moving parts to make a loan from your business. You have to meet all of these requirements and you need to do it fast. But not every company manages to obtain a business loan, even if the

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