Essential reading for retailers and suppliers in the home improvement market

Stax reveals bullish sales figures

Published: 4 June 2009
Stax Trade Centres has consistently outperformed the market this spring, purchasing director Simon Wright said this week.
Stax reveals bullish sales figures
Speaking at the supplier presentation at the company's new Manchester warehouse, Mr Wright compared the cash & carry chain's latest sales figures with other market data.

"The Garden Centre Association data for April show sales up 38% - very impressive," he said. "But our figures for April show sales up 58% in Manchester ¬ ¬- and up a staggering 76% in Birmingham."

British Retail Consortium data showed retail sales up 4.6% year-on-year in April, he said. Stax meanwhile achieved an overall sales increase of 8%.

"And footfall figures from the Retail Traffic Index were up 4.2% in April," he added. "Stax beat the market with a fantastic 16%."

Finally, Mr Wright quoted some department sales data for the Manchester branch for the past two months: paint up 16%, housewares up 23%, car care up 37%, gardening up 58%, and electrical up 68%.

Comments

Published prior to March 2014
By Acustomer
Most of the sales increase has come from the 30-50% increase in prices from last year. And the increase in yellow tickets, which do not allow retailers their 20% discount.

(Your email address will not be published)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

What do you think?


How has footfall been so far this January?



Latest reader comments

re: Focus to enter administration

treejoc
Ossian, said sad to see it go .This is what a debt does, well if cerberus and the moneylenders hadn't taken 2.6 billion out of the old ...

re: Staff at new B&M store to face Christmas Eve redundancy

Keith Singleton
I am disgusted at the treatment shown to staff by the multiples. No wonder they get so big so quickly. But it isn't just their staff that ...

re: PM refuses calls for shops to shut on Boxing Day

Danny Ocean
Wasn't this the PM who stood on the steps of number 10 preaching that she would be the champion of the little people and making the world a ...

re: Parasene announces multi-million pound expansion

MARCELINO NOVAL
Did you actually carriet this project ?...

re: Wickes: More complaints from employees

jefg
Forklift drivers are no linger paid extra as of this summer. Its an added risk. I have been advised not to take the FLT training...

Most read stories