Research and Markets: Retail Forecasts H1 2013: UK Sector Summary
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130321:nBw215963a DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/2hv6vv/retail_forecasts) has announced the addition of the "Retail Forecasts H1 2013: UK Sector Summary" report to their offering. A unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures. A Sector Summary Report and seven UK sector and two UK channel forecasts are available (Clothing & Footwear, DIY & Gardening, Electricals, Furniture & Floorcoverings, Food & Grocery, Health & Beauty, Homewares, DIY Superstores). Features and benefits: - Brief review of economic trends and how they impact retail, explaining how we believe key economic metrics will evolve over the next two years - Forecasts of how overall retail and retail sectors will fare over the next ten quarters, examining volume, inflation and overall growth rates - Category level forecasts are provided to fully inform growth strategies Highlights - The UK exited a double-dip recession following GDP growth in Q3 2012, though this had little impact on consumer confidence and we expect this recovery to be short lived with Q4 contracting once again. Issues in the Eurozone continue to impinge trade and weak global demand will prolong impacts on UK exports. - Inflation is easing, but prices are still rising. The higher cost of food will force consumers to cut back on more discretionary sectors, particularly since growth in disposable income will be muted in 2013 putting continued pressure on budgets - A sustained period of high unemployment over the next five years coupled with low wage growth and the prospect of more job cuts will contribute to weak volume growth across retail sectors. High unemployment among younger consumers and the rising cost of tuition and living expenses will hit discretionary clothing purchases Your key questions answered: - Will the UK fall into another recession in 2013 and what impact will this have on the retail sector? - When should I plan for an economic recovery? When will the housing market start to recover and what impact will this have on home related categories? - Which retail sectors will perform the best through 2013-15? Which sectors should my business focus on? - What impact will food inflation have on the total retail market and when do we expect price pressures to ease? Key Topics Covered: OVERVIEW EXECUTIVE SUMMARY UK QUARTERLY FORECAST SUMMARY * A review of H2 2012 and a look ahead * UK exits double-dip recession * Food inflation sends retail prices even higher * Housing transactions forecast to grow for the first time in two years * No letting up for retailers as 2013 is set to be another challenging year APPENDIX For more information visit http://www.researchandmarkets.com/research/2hv6vv/retail_forecasts Research and Markets Laura Wood, Senior Manager. firstname.lastname@example.org U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Retail Copyright Business Wire 2013