Retail Futures H1 2011: Furniture & Floorcoverings

Introduction

Verdict Research: Retail Futures is a unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures. 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 ten quarters, examining volume, inflation and overall growth rates
• Category level forecasts are provided to fully inform growth strategies

Highlights

Growth slowed in Q4 2010, as retailers were impacted by weather

• Non food is the worst hit, with growth of just 0.1% as out of town retailers particularly suffer
• Food a priority, remaining resilient, with growth boosted to 3.9%

H1 sees volumes take a major hit

• Overall sales growth in Q1 and Q2 will be driven by inflation, with all sectors facing pricing pressures
• Consumers will cut back on volumes as a result - as already tight budgets cannot be stretched to cover price increases

Non food growth to fall into negative territory in Q1 2011

• After three quarters of positive growth non food expenditure will fall 0.4% in Q1, hit by low consumer confidence and consumers reigning in discretionary spending
• Food keeps Q1 growth in positive territory, through this is mainly driven by inflation

Your key questions answered

• Find out which retail sectors will perform the best in 2011 and build strategies around it
• This unique service provides regularly 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

Please note: this is delivered as a PowerPoint presentation.