Introduction
Verdict Research: Retail Futures is a unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures every three months. A Sector Summary Report and seven UK sector and two UK channel forecasts are available (Clothing & Footwear, DIY & Gardening, Electricals, Furniture & Floorcoverings, Food & Grocery, Health & Beauty, Homewares, e-Retail, DIY Superstores).
Features and benefits
* Brief review of economic trends and how they impact retail, explaining how we believe key economic metrics will evolve over the next two years.* Forecasts of how overall retail and retail sectors will fare over the next nine quarters, examining volume, inflation and overall growth rates.* Category level forecasts are provided to fully inform growth strategies.* Forecast for online retailing, analysing total online spend, split down into food and non-food.
Highlights
Growth improves in Q3, though remains relatively weak
• Food remains the major driver of growth, though improvements are also seen in non food.
• Total volume growth also improves, though is still low at just 0.5%.Inflation a major driver
• Increasing to 1.3% in Q3 and trending upwards in Q4
• Clothing & footwear a major driver of this – impacted by the weakness of sterling, rising cotton prices and increased transportation costs.Clothing & footwear and health & beauty outperform…
• Clothing & footwear and health & beauty remain the only non-food sectors experiencing growth – both heavily driven by inflation.
Your key questions answered
* Find out which retail sectors will perform the best at Christmas and build strategies around it.* This unique service provides constantly updated forecasts that ensures you are making the right decisions, based on the latest data.* The reliable and accurate data exposes opportunities for growth and is a key operational planning tool to aid tactical and strategic decision-making.* It allows you to benchmark performance with confidence and set effective targets to help maximise performance.
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