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

8 Ways to Elevate Your Customer Relationship Management System

20/09/20218 Ways to Elevate Your Customer Relationship Management System

Maintaining an excellent relationship with your customers is critical to increase your company's chance of success in today's fiercely competitive marketplace. Otherwise, unsatisfied clients will switch to your competitors for good. And that will lower your pr

An International Presence

07/03/2017An International Presence

As part of the 2017 Global Mobility Awards, Duarte Ornelas Monteiro received the Most Outstanding for Cross border investment award.

Fourth Annual Major Purchase Consumer Study Provides Insights Across 13 Categories

14/09/2015Fourth Annual Major Purchase Consumer Study Provides Insights Across 13 Categories

Even with the increasing influence of digital technology on retail habits, the in-store experience is important in all major purchase decisions, with an overwhelming majority of shoppers buying in person.

China’s Crisis Poses Major Threat to Global Economy, Says IMF

08/09/2015China’s Crisis Poses Major Threat to Global Economy, Says IMF

China's slowdown in economic growth may have further repercussions for the global economy, the International Monetary Fund has warned.

Prestige Branding Strategies That Help Premium Businesses Earn Lasting Customer Trust

30/07/2026Prestige Branding Strategies That Help Premium Businesses Earn Lasting Customer Trust

Prestige branding is about far more than a recognizable logo or an expensive advertising campaign. The brands that consistently command attention have a clear identity, a memorable customer experience, and a reputation built through consistency rather than hyp

5G Endless Opportunities and Possibilities

31/08/20235G Endless Opportunities and Possibilities

There has been a lot of noise recently about AI but the real game changing technology that will revolutionise services and industries is 5G standalone that will deliver faster speeds, lower latency, and increase reliability ensuring we are always connected.

Pioneering UK Startup Unveils Smart Technology That Could Save Billions Of Litres Of Water A Year

Corporate Social Responsibility

12/06/2024Pioneering UK Startup Unveils Smart Technology That Could Save Billions Of Litres Of Water A Year

Showerkap, a UK tech startup, has designed the world’s first water management system that enables organisations to monitor and conserve water usage, while also nudging users to make more eco-friendly decisions that reduce water consumption, carbon emissions

Christmas cancelled for nearly half of SMEs

18/12/2015Christmas cancelled for nearly half of SMEs

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.

Cyber Criminals Target M&A Negotiations

22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.

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