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

Investec appoints UK mid-market deal originator to its Corporate & Acquisition Finance team

06/07/2018Investec appoints UK mid-market deal originator to its Corporate & Acquisition Finance team

Investec Specialist Bank (“Investec”) today announced the appointment of Tom Burgess to its Corporate & Acquisition Finance team.

Popups for Ecommerce: What the Shop Floor Got Right

24/08/2026Popups for Ecommerce: What the Shop Floor Got Right

Traffic is not the problem anymore Acquisition costs have been climbing for years, and every channel that once delivered cheap clicks now competes for the same shrinking pool of attention. Ad spend keeps rising while conversion rates hold roughly flat, which m

Intelligent Storage at the Edge

09/10/2023Intelligent Storage at the Edge

Since the emergence of Cloud Computing, there has been an undeniable rise in the risk of data loss. Whether this is a result of a loss of control over how data is managed, or due to potential security breaches that could have detrimental effects on customer da

Simon Associates Management Consultants: Bringing Anthropology Into Business

20/03/2019Simon Associates Management Consultants: Bringing Anthropology Into Business

Simon Associates Management Consultants (SAMC) is an innovative consultancy firm drawing on the vast business and academic experience of its founder, Dr. Andrea (Andi) Simon. We caught up with Andrea to find out more about the firm and learn about the secrets

5 Smart Ways to Automate Your Packaging Processes

01/12/20215 Smart Ways to Automate Your Packaging Processes

Packaging is an integral component of a manufacturing or distributing business. Regardless of the type of products or goods you're offering, it's critical that you pay attention to how you pack your items so that you can provide your customers with the best se

Know Your Risk: Why Risk Management Has Never Been More Critical

27/01/2025Know Your Risk: Why Risk Management Has Never Been More Critical

In today’s fast-paced business environment, risk management has never been more critical, or more complex.

6 of the Latest Digital Workflow Automation Developments Your Business Should Be Taking Advantage Of

21/08/20256 of the Latest Digital Workflow Automation Developments Your Business Should Be Taking Advantage Of

Digital workflow automation advancements save business owners time and money while supporting accuracy and helping them achieve goals with fewer team members. Companies that embrace automated processes are often more competitive and agile than their counterpar

Peak Energy Appoints Panoram to Enhance M&A Due Diligence with Generative AI

27/01/2025Peak Energy Appoints Panoram to Enhance M&A Due Diligence with Generative AI

Panoram, a GenAI software specialist, announced its appointment by Peak Energy, an Asia Pacific focused renewable energy platform backed by Stonepeak, to enhance its merger and acquisition (M&A) due diligence.

6 Strategies to Retain Employees After a Merger or Acquisition Process

26/07/20236 Strategies to Retain Employees After a Merger or Acquisition Process

Mergers and acquisitions (M&A) are significant business transactions involving the consolidation of companies or assets.

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