Our website uses cookies

Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing Retail Design World, you agree to our use of cookies.

Okay, I understand Learn more

Modest sales boost forecast for UK retailers this Christmas

Retailers are set to benefit from a modest uplift to sales this Christmas, sharing a £99bn ‘golden quarter’ of sales according to forecasts from GlobalData.

Food and grocery sales are set to drive the sales, with a 2.5 per cent increase, compared to a 2 per cent increase overall compared to last year. Non-food sales are set to grow up 1.6 per cent.

Growth is being held back by low consumer confidence, with shoppers trading down to value retailers to save money, according to GlobalData. Alcohol sales are expected to be affected by this trend, though food sales may prove more resilient.

But it expected to be a challenging Christmas for clothing retailers, especially market leader Marks & Spencer. “It has been a less than stellar year for many clothing retailers and Q4 will be no different,” says GlobalData UK retail research director Patrick O’Brien. “Giving shoppers a reason to make wants-driven purchases, and forgo spending on other categories, through compelling product and value for money will be the key to a successful festive season.”

What’s Hot on Retail Design World?