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

Sensoring Future Growth

05/11/2015Sensoring Future Growth

Global image sensors market to grow at 10.30% CAGR to 2020 with consumer electronics having major market share

Owed money? Can you deal with it yourself without engaging a solicitor?

29/05/2019Owed money? Can you deal with it yourself without engaging a solicitor?

Game Changers in a Universe of Solutions

16/06/2023Game Changers in a Universe of Solutions

IOS Services Géoscientifiques (IOS) is a consulting group with a geological perspective, dedicated to servicing the mineral exploration industry in eastern Canada. It has been named Québec’s Best Geological Consultancy 2023, following which we have taken a

How Machine Learning is Changing Data Management and Investment Processes for Active Managers

29/11/2019How Machine Learning is Changing Data Management and Investment Processes for Active Managers

AI and Machine Learning techniques are finding their way into financial services. Ranging from operational efficiencies to more effective detection of fraud and money-laundering, firms are embracing techniques that find patterns, learn from them and can subseq

An Intellectual Property Masterclass by Barbie

13/09/2023An Intellectual Property Masterclass by Barbie

You’d be forgiven for thinking that you’ve been living in a Barbie world in recent months. The famous Barbie doll and the Hollywood stars in the new Barbie film have been dominating our lives with inescapable headlines, film promotion activities, brand col

How Can Sales Teams Improve Their Negotiation and Closing Skills?

08/01/2026How Can Sales Teams Improve Their Negotiation and Closing Skills?

In today’s competitive marketplace, sales effectiveness is anchored in two core capabilities — negotiation and closing.

Making Mobile Devices More Magnificent

05/01/2021Making Mobile Devices More Magnificent

Resonant is changing the way that radio frequency (RF) filters are designed and, in the process, has disrupted and transformed the market and supply chain for RF front-ends (RFFE). The company has used these tools to develop XBAR, a new resonator technology th

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.

Growth in UK M&A Appetite – a Risky Business?

29/02/2016Growth in UK M&A Appetite – a Risky Business?

KPMG forecasts published in September 2015 projected that appetite for M&A deals in the UK over the next 12 months would outstrip both the US and the rest of Europe (with appetite in the UK.

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