Tuesday, September 30th, 2008
The RTT agrees that the City focuses very heavily on like-for-like sales growth figures as a barometer of the success of retailers.
Tim Denison of SPSL summed this up when he said: “The City should be encouraging retailers to increase margins, not sales at any cost. Retailing is a business like every other. Unfortunately it’s far too easy to be fixated on sales figures.”
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Tuesday, September 30th, 2008
“Discounting, promotions and sales are now a normal part of retailing practice but their widespread use is detrimental to the health of the sector”
Tuesday, September 30th, 2008
Last year saw the intensification of pre-existing trends in the needs and aspirations of UK shoppers. The relatively good performance of the food sector against the non food sector is one example, and is consistent with UK consumers’ growing emphasis on the quality of the food they consume, and in trading up to ‘better’ options, for a combination of health and feel good reasons.
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Tuesday, September 30th, 2008
Fairtrade retailing is a defininte trend for the future, according to figures published by the Fairtrade
Foundation. Fairtrade products retailed for an estimated £493 million in 2007, a staggering 81 per cent increase on sales in 2006 of £273 million across all retail sectors.
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