Verdict Research: Retail Futures is a unique forecasting tool providing
dynamic forecasts and analysis of market demand and price pressures every
three months. 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).
Scope of this research
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
nine quarters, examining volume, inflation and overall growth rates.
Category level forecasts are provided to fully inform growth strategies.
Forecast for online retailing, analysing total online spend, split down
into food and non-food.
Research and analysis highlights
Conditions look set to remain extremely challenging for retail throughout
2010. We are forecasting growth of just 1.3% this year, the second lowest
growth rate, after 2009, since our records began in 1966. Indeed, Verdict is
predicting low growth in retail over the next few years, as the impact of the
recession continues to be felt by consumers.
Non-food is not expected to return to growth until the final quarter of 2010,
and then it will be only a marginal 0.8%. While clothing & footwear and health
& beauty will experience growth this will be heavily outweighed by the dire
performances of more discretionary sectors, particularly those related to the
housing market.
Food inflation continues to ease in Q1 2010, at 1.7%, compared to 8.9% in the
same period a year ago. Inflationary pressures are subsiding due to falling
commodity prices, less seasonal price fluctuations and price competition
within the sector. In fact, we are forecasting food inflation of 1.9% for the
year, down from 4.4% in 2009.
Key reasons to purchase this research
This unique service provides constantly updated forecasts than 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.
