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Official retail sales September 24

ended 18. October 2024

Tomorrow morning at 07:00, we're getting the latest snapshot of the UK retail sector. If you're a retailer, please answer the following questions and we'll do our best to get you into the media tomorrow morning.

  • With inflation back under 2% for the first time in three years, are consumers spending more with you than they were earlier in the year?
  • As a retailer, whether bricks and mortar, online or hybrid, do you believe the cost of living crisis is over?
  • How optimistic are you about the final three months of the year (and christmas in particular)?
  • Are you worried about the impact of the Autumn Budget on spending and disposable income?

If you're a retailer and would like to start driving news stories, we have a discount code offering 50% off our Platinum sub for three months - PLATINUM50OFF. If you upgrade, we'll invite you onto out Retail News Desk where you can help us identify retail stories that we then feed into news desks.

 

1 responses from the Newspage community

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Richard Parson
Managing Director at Fudge Kitchen
Although inflation is under 2%, spending hasn’t surged yet. Consumers remain cautious, and cuts to local council budgets are impacting tourist services in historic cities, reducing footfall and favouring larger food outlets over independents like us. The cost of living crisis isn’t over either. Prices, especially for ingredients, remain high, and savvy customers are now more discerning with their purchases, impacting sales of treats like confectionery. Looking ahead, we’re optimistic but realistic. Christmas shopping has started early as customers spread out costs. With fierce price competition, we’re focusing on offering something unique. As a business, we've always delivered more than just fudge: it’s an experience, and that’s what will keep people coming back despite challenges like high parking fees. As for the Autumn Budget, Christmas spending will still happen, but value will be key. Retailers will need to innovate to meet higher customer expectations.