Consumer Confidence
This coverage examines consumer confidence trends and their impact on the UK petcare industry, providing analysis relevant to retailers, wholesalers, distributors, and supply chain operators. Pet Gazette reports on market research, economic indicators, and spending patterns, alongside case studies from pet businesses adapting to shifts in consumer sentiment. Our coverage helps pet trade professionals assess demand levels, forecast sales, and adjust strategies to align with changing consumer confidence.
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Aug- 2023 -8 AugustEconomy
Retail sales growth slows in July amid heavy rain
The UKโs total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced in the same month last year. This was below the three-month average growth of 3.5% and the 12-month average growth of 3.9%, according to BRC data. This lacklustre growth in…
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Apr- 2023 -11 AprilBusiness
UK retail up 5.1% in March
Total retail sales in the UK were up 5.1% in March according to data from the British Retail Consortium and KPMG. This is above the three-month average growth of 4.8% and the 12-month average growth of 2.6% for the five weeks between 26 February and 1 April. Like-for-like retail sales…
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Aug- 2022 -10 AugustRetailing
Heatwave helps boost retail sales 2.3% in July
Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for โhot weather essentialsโ, according to the latest data from the BRC and KPMG retail sales monitor. UK retail sales increased 1.6% on a like-for-like basis from July 2021, when they had increased 4.7%.…
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Jul- 2022 -8 JulyRetailing
Cost of living crisis weighs on retail sales growth
High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according to BDOโs High Street Sales Tracker (HSST). It found that total like-for-like (LFL) sales, combined in-store and online, increased by +8.4% in June compared to the equivalent month in 2021,…
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Jun- 2022 -24 JuneEconomy
UK consumer confidence sinks to new record low in June
UK consumer confidence has fallen to the lowest level since records began during the month of June, according to the latest figures from GfK. GfKโs long-running Consumer Confidence Index decreased one point to -41, a new record with four measures down in comparison to the May 20 announcement, with one…
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Mar- 2022 -31 MarchEconomy
High street footfall continues to lag behind pre-pandemic levels
Footfall levels remain 23% below pre-pandemic levels in February 2022 as rising costs are reportedly set to โbatterโ retailers from 1 April, according to RSM. The latest data from Datscha, analysed by RSM, shows the overall decline in footfall is the worst in London with numbers on Oxford Street down…
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Jan- 2022 -5 JanuaryRetailing
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in the new year, according to a latest study from the BRC. The increase of 0.3% is above the 12 and six month average price decreases of 0.9% and 0.3%, respectively.…
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Sep- 2021 -24 SeptemberEconomy
Consumer confidence falls amid ongoing supply chain issues
UK consumer confidence has fallen back five points in September, largely attributed to both shop supply shortages and rising prices, according to new research by GfK. GfKโs Consumer Confidence Index decreased by five points to 13 in September, with all measures down in comparison to Augustโs announcement. The data showed…
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Jun- 2021 -15 JuneCoronavirus
Lockdown delay ‘huge disappointment for highstreet’, says Bira
Andrew Goodacre, the CEO of Bira, has described the extension of lockdown restrictions as a โhuge disappointment for the high streetโ and called for greater government support for retailers.ย According to Goodacre, the extension, which will see remaining social distancing measures continue beyond 21 June, will โdamage consumer confidenceโ. In…
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11 JuneEconomy
Retail boosted by ‘buoyant’ May sales
The UKโs retail sector in May has been boosted by โbuoyantโ sales, according to the British Retail Consortium (BRC). Over the period, sales increased by 10% on a year-on-two-years basis, against a decline of 2.7% in May 2019. This represents a rise from the three-month average growth of 8.5%. Due…
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