THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Homewares see upward trend while fashion continues to struggle

Sales figures from BDO Stoy Hayward’s High Street Sales Tracker for the week ending 23 August revealed total sales down 4.3 per cent.

GENERAL MERCHANDISE

Homewares see upward trend while fashion continues to struggle

Sales figures from BDO Stoy Hayward’s High Street Sales Tracker for the week ending 23 August revealed total sales down 4.3 per cent.

Overall sales plunged by 4.3%, which represents the steepest fall in overall takings for seven weeks.

Non-fashion: -2.6%

Non-fashion retailers saw takings slide, with sales across most sectors subdued. The easi

ng of demand across the luxury sector was the most pronounced trend. In other categories the lack of footfall negatively impacted takings.

Fashion: -5.6%

It was a pretty quiet week for most fashion stores, with sales suffering from a shortage of discounting activity and lower footfall. The vast majority of mainstream stores failed to post positive results, with womenswear especially weak. Specialists fared better, with leisure wear selling well for a second consecutive week.

Homewares: +2.8%

The recent good run continued this week, with demand improving in most categories. Sales have now grown for five out of the last six updates, confirming supporting evidence that the better housing market is having a positive impact on sales.

Non-Store: +59.5%

Despite the fine weather, sales made via non-store channels continued to grow strongly this week, up 59.5%. Most areas witnessed higher demand, with clothing sales especially buoyant.

Don Williams, Retail Partner at BDO Stoy Hayward, says: “Against the backdrop of fine weekend weather and a general dearth of promotional activity, shoppers largely avoided the high street this week. Although the recent resurgence in homewares continued, with growing evidence that the improved housing market is helping to prompt big ticket purchases, fashion sales remained firmly negative as did luxury and specialist goods. However, non-store sales continued their upward trend,” he concludes.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019