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| Countries covered: United Kingdom Introduction Verdict Research: Retail Futures is a unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures every three months. Seven UK sectors forecasts are available (Clothing & Footwear, DIY & Gardening, Electricals, Furniture & Floorcoverings, Food & Grocery, Health & Beauty and Homewares). Also available is an e-Retail forecast and a Sector Summary report. Scope
The recession has driven an increased polarisation of spend. While easing somewhat in food; the Big Four grocers having successfully enticed consumers back from discounters, this trend is most marked in non-food with mid-market retailers still being squeezed as consumers mix premium and value as they take a more cautious approach to spending. The supermarkets are emerging as the big winners of the recession; benefitting from the essential nature of their core product offer and frugal consumers gravitating towards their non-food categories. While there are some positive results elsewhere, the majority of non-food sectors are suffering, especially discretionary home-related sectors. Falling commodity prices, less seasonal price fluctuations and intense price competition are causing inflation in food to subside significantly. While inflationary pressures are mounting in non-food, price rises are being pursued with caution with discretionary consumer demand remaining weak.Reasons to Purchase
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