In the last couple of months sales growth has fallen, but how much of that is down to the weather and how much actually reflects an underlying slowdown?
We’ve been here before. Consumer confidence can behave irrationally. Consumers should have become much more cautious through the first half of 2007, but they haven’t. It is as if they have been in denial about how tough things are going to get. It can take a shock to the system, such as the floods, to change things.
UK Retail Briefing is a monthly news digest service, which brings together news on companies and their business environments. The coverage is split by sector and supplemented by soundbite-style commentary and opinion. Recent sales figures are given with month-by-month trends for each sector, plus an inflation monitor highlighting key developments. Buy just this issue or save money with an annual subscription.
In the last couple of months sales growth has fallen, but how much of that is down to the weather and how much actually reflects an underlying slowdown?
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Matt heads up Mintel's leisure, tourism, technology and media team. As well as managing the team he also edits reports, supports clients and handles press enquiries. Matt joined Mintel in2003 as an analyst in the Market Intelligence team before becoming Senior Leisure Analyst in 2006. He has a BA (Hons) in English Literature.
