Essential reading for retailers and suppliers in the home improvement market

Scottish sales see worst decline since 2000

Published: 21 April 2011
The latest SRC-KPMG Retail Sales Monitor has revealed Scotland's first fall in total sales for more than a decade.
Sales values were down by 0.3% on a total basis against March 2010, when sales had risen 3.9%, boosted then by Good Friday and Easter Saturday falling in the March trading period.

Like-for-like sales were 3.9% down, against a 0.6% increase in March 2010, the worst drop since January 2000.

Consumer concerns over jobs and incomes and the later Easter resulted in like-for-like food sales falling well below their year-earlier level, while and non-food sales also showed a much steeper fall of 5.9%.

Larger purchases of homewares and furniture purchases were hardest hit.

The Scottish Retail Consortium's director Fiona Moriarty said: "Reality is biting for Scottish shoppers. People are increasingly nervous about the economy and their personal finances and are reluctant to spend unless they have to. Food sales have slowed markedly while non-food sales have seen a much steeper fall.

Consumers in Scotland don't have the confidence to spend on large items for the home or buy in new fashion lines. Where they are spending, the focus is on bargains and price cuts. The current spell of warm weather and the approach of Easter offer some hope but it will take more than sunny bank holiday weekends to fundamentally change the gloomy retail outlook."

Comments


(Your email address will not be published)
1 + 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