Essential reading for retailers and suppliers in the home improvement market

Election is major concern for DIY independents

Published: 5 May 2015
Thursday's general election is currently at the forefront of independents' minds, reveals new research from the British Independent Retailers Association (BIRA).
Election is major concern for DIY independents
The association's latest report also shows an almost 50/50 split between indies whose first-quarter turnover was above that for the same period in 2014 and those who rang up less in the till.

However, BIRA's figures also reveal an overall turnover increase of 1.4% year-on-year - above inflation - so it looks as though the happy half of the independent high street has logged a little bit of real growth, BIRA says.

DIY and hardware indies clocked up a sixth quarter of good news, although at a more subdued sales growth rate of 1.3%, but were once again outdone by garden and garden machinery retailers, which stretched a growth spurt to a full two years and a turnover uplift to nearly 10%.

BIRA says that "among the ever-enlightening comments provided by those taking part the most frequent keyword was 'election', usually in the context of uncertainty".

"2015 hasn`t really got started yet," wrote one DIY retailer in the south west, "a mild winter, and a cold spring has led to flat sales. Hardware retailers like extreme weather: very cold equals coal, logs, heaters, and sledges; hot weather equals fans, hosepipes and gardening. Mild weather isn`t very good, and doesn`t help sales. Plus uncertainty with the election is a distraction to consumer confidence."

Another added that they will "be glad when the election is over, as there is definitely a bit of uncertainty out there at the moment."

Read more in the May 8 issue of DIY Week.

Comments


(Your email address will not be published)
7 + 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