This ad will be closed automatically in X seconds.

Mixed Q4 for cookshops

Cookshop and housewares retailers that are members of Bira (The British Independent Retailers Association) experienced an average decline of -0.3% for the all-important fourth quarter of 2019.

However, there was a stark contrast between those increasing their sales in the festive trading quarter and those showing decline. The average percentage value of those with a higher performance was 10.1%. On the other hand, the average percentage value of those with a decline was -8.46%.

The overall average decline of – 0.3% was considerably better than the overall average for Bira members across all of its sectors, ie a fall of -2.82% for retailers, compared to the same period in 2018.

The association reflected on a ‘disappointing quarter overall’ for independent retailers, with members’ comments alluding to the negative impact on December’s general election on consumer confidence and trade.

More than 60% of retailers (across Bira’s sectors) in the quarterly survey are facing modest margin pressures, due to a weaker £Pound as a result of Brexit. However, anxiety for the year ahead has dropped slightly to 48.70%.

Andrew Goodacre, Bira’s ceo commented on the results across Bira membership: “The figures from the final QSM of 2019 reflect a difficult quarter for independent retail businesses at the busiest time of the year. Although 2019 started in a more positive manner, only 39.57% have reported a positive performance. Furthermore, to see an overall drop of 2.82% is worrying and reflective of the challenging times retailers are facing.”

* Bira welcomed last week’s decision by the Scottish Parliament to retain the Uniform Business Rates (UBR) rather than devolve rate-setting powers to the Scotland’s 32 local authorities, which “would have led to an overall increase in rates for retailers, and created a great deal of uncertainty,” said Andrew Goodacre.

 

Top: Bira member, Peppecorn in Llandeilo. In Bira’s most recent QSM, Welsh retailers performed best in general. [Photo does not infer participation in the survey).

MORE NEWS
Barometer (1)
 
Independent housewares stockists are asked to 'tell it how it is' by taking part in the 2020 Retail Barometer....
 
Ocean waste plastic that is collected from Malaysian coast is used for new range from Auteur....
SGroves
 
Birmingham based cookware and bakeware manufacturer joins Made in Britain community....
 
The trend for Japanese style and simplicity was evident at this month’s international show....
beales1
 
Administrators have been unsuccessful in finding a buyer...
AmandaLeekes
 
Leekes, Global Data and ‘Made in Britain’ at next’s month BHETA forum...
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.