DIYWEEK.net

 

"Shot in the arm" for DIY retail sector in March

Published: 10 April 2012
The unseasonably hot weather in March sent shoppers to the high streets, with homewares sales up 4.1% on last year according to the BDO high street sales tracker.
'Shot in the arm' for DIY retail sector in March
Mid-tier retailers saw like-for-like sales jump 2%, while the company described the sales surge as a "much needed shot in the arm for the DIY sector."

BDO LLP national head of retail and wholesale Don Wiliams said the positive sales figures would have come as a relief as quarter day rent demands landed in retailers' letterboxes. But he warned that recent high profile failures have shown the high street that it can't relax its guard just year.

"The retailers holding their own have given themselves the best chance by doing everything they can to improve cashflow," he said.

"That means a continued focus on all available 'self help' strategies such as working and refining their property portfolios and re-looking at their supply chains. We are not expecting any more significant dips in year-on-year sales in 2012, but we aren't expecting any big leaps either.

"Retailers that drop their guard now and fail to keep a tight leash on their overheads whilst maintaining and enhancing service standards will find things increasingly tough later in the year."

Comments


(Your email address will not be published)
7 + 5 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories

http://www.diyweek.net/shot-in-the-arm-for-diy-retail-sector-in-march