Home / Knowledge / News / Good retail sales; consumer confidence still lower
Good retail sales; consumer confidence still lower
18
May '11
Sales values were up 3.4% on a like-for-like basis from April 2010, when sales had fallen 2.0% as only Easter Sunday and Monday fell into the April trading period then. This year all of Easter was in April's trading period. On a total basis, sales were up 5.5%, against a 0.7% increase in April 2010.

Food sales returned to growth after March's Easter-distorted fall. Clothing and footwear benefited from the warm weather, as did outdoor DIY and leisure. But indoor products suffered, with big-ticket items hardest hit and often promotion-led, amid continued consumer uncertainty about job and income prospects.

As in the UK, overall like-for-like sales picked up, largely cancelling out March's fall. Consumer confidence remains weaker in Scotland than in the UK as a whole.

Fiona Moriarty, Director of the Scottish Retail Consortium, said:
"Unseasonably warm, sunny weather and more bank holidays in the month because of the Royal Wedding and the later Easter meant this April gave customers more opportunities and more reasons to shop than the same period last year.

"Scotland's highest April temperatures since records began in 1910 and widespread discounting encouraged people to buy summer food, clothing and footwear. Gardening and other outdoor products also did well.

"But consumer confidence is still lower in Scotland than the rest of the UK and sales of big-tickets items such as furniture struggled as people put off big spending commitments.

"Overall, April's solid sales growth is good news after very weak figures in March but the fundamentals have not changed. Underlying conditions for customers and retailers will go on being tough for many months yet."

David McCorquodale, Head of Retail in Scotland, KPMG, said:
"An increase in like-for-like sales of 3.4 per cent from April 2010 will be a relief to many retailers. However the figures lead me to think of swallows and summer and it's far too early to tell if this latest development marks the start of a longer term trend. Last year only Easter Sunday and Monday fell in the April trading period, with Good Friday and the Saturday being in the March period, while this year received a welcome boost from all the bank holidays and unusually warm weather.

Non-food sales on the other hand were only up by 0.5 per cent with the uplift in summer clothing and footwear sales being offset by a decline in sales of homewares.

"Consumers and retailers alike remain cautious about the remainder of the year with sentiment being more negative than positive. Interest rates being maintained will have been welcomed by retailers."

Scottish Retail Consortium


Must ReadView All

Courtesy: Fashion Revolution/Fashion Transparency Index

Fashion | On 23rd Apr 2018

Top global fashion brands now more transparent

Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...

Japan’s clothing imports up 4% in fiscal 2017

Apparel/Garments | On 23rd Apr 2018

Japan’s clothing imports up 4% in fiscal 2017

Japan’s imports of clothing and accessories increased by 4 per cent...

PVH, WWF tie up to protect water bodies in Ethiopia, India

Apparel/Garments | On 23rd Apr 2018

PVH, WWF tie up to protect water bodies in Ethiopia, India

PVH Corp , parent company of brands like Tommy Hilfiger, Calvin...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Urmil Arya

Sushila International, a well established textile organisation established ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search