Wednesday 28 July 2021

Supermarkets Benefit From Weather, Sport, And Staycations But Headwinds On The Horizon

Over the four weeks ending 17 July, total till sales edged down only 1.3% versus the same bumper period in 2020 when demand was being boosted by the effects of the pandemic. This was an improvement on the 2.4% fall in June and 2.7% decline in May when hospitality venues first reopened.

NamNews Implications:
  • As always, the key is to compare your sales by sector and category.
  • Meanwhile, in terms of potential headwinds (increased hospitality diluting retail, emergence of the super-savvy consumer reining spend)
  • It may be worth factoring in a hefty dose of inflation…

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