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Retail Think Tank Sees Brighter Times Ahead

10th May 2021
Pent up demand and savings accrued during lockdown are set to improve the health of the retail sector over the coming months as the UK moves to the next phase of its recovery plan, according to the KPMG/Ipsos Retail Think Tank (RTT).
Following its latest health assessment, the RTT has determined that pent up demand from consumers will see the Retail Health Index (RHI) rise by 3 points to 71 in the second quarter of 2021, a considerable improvement from its nadir of 61 points for the same quarter last year.
The main driver of the improved RHI – a quantitative and qualitative assessment of retail demand, margin and costs – is predicted to be demand over the next quarter, as a result of a shift in spending patterns, with consumers choosing to spend on fashion and clothing as they shop for occasions and get back to socialising. The mood of the nation will be about spending on looking good again and making up for lost time. ....

United Kingdom , Paul Martin , Retail Health Index , Ipsos Retail Think Tank , Coronavirus Business Interruption Loan Scheme , ஒன்றுபட்டது கிஂக்டம் , பால் மார்டின் , சில்லறை ஆரோக்கியம் குறியீட்டு , இப்ஸோஸ் சில்லறை சிந்தியுங்கள் தொட்டி ,

Health of retail sector given a boost as pent up demand is unleashed following lockdown, KPMG/Ipsos Retail Think Tank (RTT) shows

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Pent up demand and savings accrued during lockdown are set to improve the health of the retail sector over the coming months as the UK moves to the next phase of its recovery plan, according to the KPMG/Ipsos Retail Think Tank (RTT).
Following its latest health assessment, the RTT has determined that pent up demand from consumers will see the Retail Health Index (RHI) rise by 3 points to 71 in Q2 2021, a considerable improvement from its nadir of 61 points for the same quarter last year.
The main driver of the improved RHI – a quantitative and qualitative assessment of retail demand, margin and costs – is predicted to be demand over the next quarter, as a result of a shift in spending patterns, with consumers choosing to spend on fashion and clothing as they shop for occasions and get back to socialising. The mood of the nation will be about spending on looking good again and making up for lost time. The RTT predicts the shift in spend will see a gr ....

United Kingdom , Paul Martin , Tim Denison , Retail Health Index , Ipsos Retail Think Tank , Coronavirus Business Interruption Loan Scheme , ஒன்றுபட்டது கிஂக்டம் , பால் மார்டின் , நேரம் மறுப்பு , சில்லறை ஆரோக்கியம் குறியீட்டு , இப்ஸோஸ் சில்லறை சிந்தியுங்கள் தொட்டி ,