Essential reading for retailers and suppliers in the home improvement market

DIY stores buck the gloomy retail trend

Published: 31 July 2012
Independents selling DIY/hardware and garden machinery were the two star performers in a pretty gloomy Q2 for retailers.
DIY stores buck the gloomy retail trend
According to the British Independent Retailers Association's Quarterly Sales Monitor, the two sectors were the only ones surveyed to show signs of growth compared with the same period last year.

Across all sectors, 43.71% of retailers reported a higher performance with an average rise of 9.34%, while 56.29% reported a fall - on average of 10.98%. The overall average was a drop of 2.10%

"The second quarter of 2012 saw independents suffer a complete reversal of two quarters which had seen them end 2011 on a rising graph," said bira, "turning in a first quarter performance that bettered anything recorded since the survey began in 2007."

The 2.3% average year on year increase of January to March, it added, "was nearly completely eradicated by the 2.1% fall in April to June."

The positive performances of hardware/DIY (+0.72%) and garden machinery (+6.09%) "suggest what spending that has been was aimed at practical ends."

Cookshops were down 3.43% while gifts, entertainment, fashion and, pet products "endured real pain".

Scottish retailers (-11.17%) "continued a year-long run of gloomy results". Northern Ireland was ahead an impressive 5.50% with the only other two areas in growth - albeit marginally - the south east (0.05%) and north west (0.33%).

The survey also found that just over half of retailers (52.87%) were anxious about the year ahead. Some 42.68% were reasonably confident with less than one in 20 (4.46%) very confident.

Comments


(Your email address will not be published)
8 + 6 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories