A miserly Christmas and a frugal new year
Article Abstract:
The retail sales figures for the 1991 Christmas season are being carefully watched by economic analysts. The level of Christmas season spending is, after all, considered to be a key indicator of the level of consumer confidence, all the more so, given the lingering effects of the economic downturn of 1990-91. Many analysts believe that consumer spending in the Christmas season will not rise significantly, given rising unemployment in the white-collar sector and the continued burden of the heavy consumer debt acquired in the 1980s. A key implication of continued sluggishness in consumer spending shall be that radical changes in the purchasing habits of British consumers may be in the offing. If this is the case, it may well mean that low cost retailing may become the overriding business trend of the 1990s.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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Retailing, refurbishment and revolution
Article Abstract:
The changing nature of British consumer demand has altered the marketplace sharply during the 1980s. Main shopping streets have been revitalized, the appeal of mail order catalogues has broadened, and peripheral and out-of-town shopping centers are growing. Increasing levels of disposable income, more widely available credit, and perception of shopping as a leisure activity have been feeding the 'consumer boom' and 'lifestyle' retailing. Non-food retailers such as the Next chain are using lifestyle retailing to reach target groupings such as 25-to-45-year-old working women with high disposable incomes. It is suggested that the coming decade will see intensified market share competition as the major chains try to expand in an inflationary environment.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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Christmas bonus?
Article Abstract:
The state of UK retail business is discussed as the Christmas trading season of 2000 commences, with focus on the dominant position of this sector in the UK economy, and the innovative marketing methods used by retailers.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2000
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