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

Do it yourself: How self-service checkouts are saving companies cash

01/02/2019Do it yourself: How self-service checkouts are saving companies cash

Advancements in technology have had an effect on the way we do our shopping on the high street, as we constantly look to find ways of making the experience as smooth as possible. With no sign of developments slowing down in the world of retail — we investiga

Crypto Payment Solutions Designed to Cash-In

13/02/2024Crypto Payment Solutions Designed to Cash-In

CoinsPaid proudly provides a crypto payment ecosystem suitable for use by both businesses and individuals, thanks to groundbreaking solutions that are tailored to a client’s every need.

Corporate Social Responsibility

24/10/20233 Ways to Optimise AML Controls for ESG Concerns

ESG (Environmental, Social, and Governance) has become a top focus for many organisations as customer and shareholder demands for greater commitment grow, coupled with increasing regulatory expectation.

Innovation for Efficiency: Unleashing the Potential of Intelligent Battery Management

21/07/2023Innovation for Efficiency: Unleashing the Potential of Intelligent Battery Management

In 2022, the global market size for battery management systems was USD 7.8 billion and is projected to reach a whopping value of USD 55.

The New Acquisition Playbook for Faster Growth

08/07/2026The New Acquisition Playbook for Faster Growth

It wasn’t that long ago when acquisition strategy was dominated by the pursuit of scale. Larger deals attracted investor attention, generated headlines and were often viewed as the clearest route to accelerated growth.

When to Step Back from your Company and How to do it Well

18/05/2026When to Step Back from your Company and How to do it Well

Building a successful business is a huge achievement. Less than half of UK startups survive the first three years, with only 2% of those companies achieving £1 million turnover in that time. You should be proud if you’ve grown your organisation fro

Why Early Evidence Preservation Is a Business Risk Issue After Commercial Vehicle Crashes

27/01/2026Why Early Evidence Preservation Is a Business Risk Issue After Commercial Vehicle Crashes

The first calls after a commercial vehicle crash are usually practical. Someone alerts a supervisor. Dispatch tries to figure out whether the route can be covered. A customer asks where the load is. The safety manager starts building a timeline from the driver

The Power of Now: Unleashing Success through Direct Response Marketing

06/08/2024The Power of Now: Unleashing Success through Direct Response Marketing

When instant gratification became the order of the day, direct response marketing emerged as one of the most heavy-duty strategies businesses can adopt. It entails immediate action on the consumers’ part and thus has the possibility of enhanced engagemen

Corporate Social Responsibility: Accountability Measures Against Traffic Incidents

Corporate Social Responsibility

26/07/2024Corporate Social Responsibility: Accountability Measures Against Traffic Incidents

Corporate Social Responsibility (CSR) involves businesses taking responsibility for their impact on society. It encompasses environmental efforts, ethical practices, philanthropy, and economic growth to ensure a positive contribution to the community.

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