UK Retail Performance; Christmas results are in

UK retail footfall in December was up year on year to close out an encouraging 12 months for the sector. Evaluating annual like-for-like footfall figures presents a rosy picture:

Footfall change: December 2014 vs December 2013

  • Scotland & Northern Ireland +6.6%
  • North of England +11.5%
  • The Midlands -3.2%
  • South West England & Wales +0.3%
  • South East England & London +0.7%

Source: Ipos Retail Performance

So, the season to be jolly was, well, pretty jolly! New figures produced by the IMRG MetaPack Delivery Index, confirmed that as of November, 2014 had already become a record year for both the UKs online retail industry and the number of parcels dispatched by UK e-retailers so far. In fact, the number of parcels year-to date (Jan – Nov 2014) exceeded the total for the whole of 2013!

With a General Election just around the corner, tougher waters may perhaps be anticipated for 2015 as retailers and consumers alike hold their breath, and wait to see how the inevitable government policy changes will impact them.

But with quickly falling petrol prices reducing the pressure on household budgets, combined with an increasing retailer confidence, 2015 has certainly started with a bang. A survey by the British Retail Consortium found that 76 % of retailers reported that they expected their sales to improve in 2015 compared with 2014, with 67 % stating that they expected to increase investment levels. While 78 % added that they would be more likely to employ more staff this year than last year.

Welcome to 2015!


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