This ad will be closed automatically in X seconds.

Business was stable or better for 54% of indies in 2018

The findings of the 14th Retail Barometer (sent out by Progressive Housewares and Bira) show that business was ‘better’ in 2018 compared to 2017 for 26% of respondents, and ‘the same’ for another 28%.

There is a break from the downward trend of recent years. While 46% of respondents fared ‘worse’ last year compared to 2017, in the previous two Retail Barometers this figure went above the half way mark (53% and 54% ‘worse’ respectively).

2018 vs 2017

However, looking back at overall expectations at the beginning of 2018, some 39% of independents were looking forward to ‘marginal growth,’ while in reality 26% achieved growth. Moreover, only 26% had anticipated decline, which sadly does not match the 46% that fared ‘worse’.

However, showing that some indies definitely had a good year’s trade, those who did experience growth specified increases of at least 10% for 2018.

The Retail Barometer 2018 survey was open to all independent cookshops and housewares stockists to create a full picture of independent housewares retailing in today’s turbulent climate.

For the full findings see PH March/April pages 22-25.

 

MORE NEWS
Jarroldgia
 
Norwich department store will represent UK retail excellence in its 250th year....
JLP
 
Retailer reveals best and worst selling housewares in its new consumer trends report....
NSY
 
BHETA is invited to join the retailer steering group to help safe and responsible sales of knives....
EIHHorwood
 
Excellence in Service Award adds to two awards received for new Smidge range....
Spurtle
 
Spurtle is favourite tool for winner of Annual World Porridge Making Championship....
BoroughKitchen
 
Award winning indie will open its fourth shop and most central Cook School....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.