Essential reading for retailers and suppliers in the home improvement market

Verdict predicts best Christmas for five years

Published: 17 October 2013
Retailers can look forward to a bumper Christmas this year, with sales set to enjoy the strongest growth since pre-recession 2007.
Verdict predicts best Christmas for five years
That's the prediction from Verdict as we head into the festive fourth quarter, which will see consumers spend a total of £88.4bn - £1.95bn more than last year.

Verdict's forecast of 2.2% year-on-year growth in Q4 leaves the last few years' Christmasses in the shade. It compares with growth of just 1.3% in 2012, 0.8% in 2011, 1.4% in 2010, -0.3% in 2009 and 1.7% in 2008.

DIY and gardening products are set to grow 1.67%, says Verdict, and electrical goods 1.57%, with homewares putting on 1.99%. Top of the list are food and grocery, hoping for 3.84% growth, health and beauty, 3.24% and clothing and footwear, 3.15%. At the other end of the scale, only 0.31% growth is predicted for furniture and floorcoverings.

Ecommerce is forecast to get 13.2% of the total spend, and Verdict says expect to see December 23 become Mad Monday, as click-and-collect shoppers pick up their purchases at the last minute.

Do you think Verdict has got it right? Go to our poll and tell us whether you think it's going to be a merry Christmas.

Comments


(Your email address will not be published)
1 + 6 =  
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