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Deloitte: rising cost-of-living pushes consumer confidence to all-time low

The rising cost of living has forced UK consumer confidence to a record low of -19% in Q2 2022, according to Deloitte’s latest Consumer Tracker, as rising inflation and subsequent price increases tighten the squeeze on consumer spending power. Consumers

22/07/2022 | Data Time, Research | Read More

Retail must react to help shoppers ‘buy’ precious time, Deloitte report shows

The retail sector has made enormous strides in reshaping, refocusing, and resetting itself in the past year amid increasing changes in consumer behaviour, a study finds.

11/04/2022 | Data Time, Reports | Read More

Consumer confidence falls for second consecutive quarter as cost of living headwinds gather, Deloitte shows

Consumer confidence fell by one percentage point for a second consecutive quarter in Q4 2021, reaching -11%, as consumers started to feel the squeeze of inflation and pockets were hit with higher household bills. Personal expenditure in the final quarter

07/02/2022 | Data Time, Research, Retail News, Retailer News | Read More

Consumer confidence falls for first time this year as rising prices hits one in three consumers, Deloitte reports

Consumer confidence fell by one percentage point in the third quarter of 2021, according to the latest Deloitte Consumer Tracker. Overall confidence was dented by reduced optimism around personal finances, specifically in the level of debt (down two percentage points

25/10/2021 | Data Time, Research | Read More

UK economy reopening sees consumer confidence return to pre-pandemic levels, Deloitte reports

UK consumer confidence has returned to pre-pandemic levels in Q2 2021, rising by two percentage points from the previous quarter, according to the latest Deloitte Consumer Tracker. Confidence is at its highest level since Q4 2019 and increased by a

19/07/2021 | Retail News | Read More
Deloitte: forty six per cent of consumers are willing to pay more to shop on high streets, as 33% say online services are not good enough

Deloitte: forty six per cent of consumers are willing to pay more to shop on high streets, as 33% say online services are not good enough

Almost half (46%) of British consumers say they would be willing to pay more to shop at their local high street, rather than online, so that they can enjoy additional amenities, according to new research from Deloitte Digital analysing the

24/05/2021 | Data Time, Research | Read More

Deloitte: four out of five UK consumers adopt more sustainable lifestyle choices during COVID-19 pandemic

Environmental awareness amongst UK consumers has surged in the past year with 85% now making more sustainable lifestyle choices, according to Deloitte’s latest Sustainable Consumer research.

22/04/2021 | Data Time, Research | Read More
Non-essential shop reopening: over half of UK consumers feel safe returning to High Street, says Deloitte

Non-essential shop reopening: over half of UK consumers feel safe returning to High Street, says Deloitte

Over half (56%) of consumers feel safe returning to the High Street, up 16 percentage points month-on-month, according to Deloitte.

08/04/2021 | Data Time, Research | Read More
Deloitte: 85% of consumer business leaders prioritising profitable and sustainable growth in 2021

Deloitte: 85% of consumer business leaders prioritising profitable and sustainable growth in 2021

CEO and CFOs of consumer businesses identify priorities for the next 12 months as profitable and sustainable growth (85%), developing existing products and services (70%), and introducing new products and services (52%), according to Deloitte.

15/03/2021 | Data Time, Research | Read More

Deloitte: new lockdowns edge consumer confidence to near-record lows, but cautious optimism could aid recovery

The final quarter of 2020 saw consumer confidence fall by a further percentage point, to -17%, as the UK headed into the New Year under fresh lockdown restrictions, according to the latest Deloitte Consumer Tracker. With the exception of personal

01/02/2021 | Data Time, Research | Read More
Deloitte: average pre-Christmas discounting reaches 43.8% record, but last minute shoppers to find best deals

Deloitte: average pre-Christmas discounting reaches 43.8% record, but last minute shoppers to find best deals

Average pre-Christmas discounting has reached a record 43.8% this December, –0.2% deeper than the same time last year, according to analysis of more than 800,000 online and in-store products by Deloitte.

16/12/2019 | Data Time, Research | Read More
UK Christmas budgets increase to £567, but self-gifting could see record Black Friday sales

UK Christmas budgets increase to £567, but self-gifting could see record Black Friday sales

UK consumers intend to spend an average of £567 each over the festive period, according to Deloitte’s 2019 European Christmas Survey. Total anticipated spend over Christmas is up 1.3% (from £560) compared to last year, despite this, UK shoppers remain

18/11/2019 | Data Time, Research | Read More

Leisure consumers keep calm and carry on spending

Leisure spending saw marginal growth in the second quarter of 2019, with net spending up one percentage point both quarter-on-quarter and year-on-year, according to Deloitte’s latest Leisure Consumer report.

01/08/2019 | Data Time, Research | Read More

Social media boosts leisure spending as consumers seek new experiences, finds Deloitte

The first quarter of 2019 saw leisure spending off to a good start, up two percentage points from Q1 2018, according to Deloitte’s latest Leisure Consumer report. The quarterly survey of 3,000 UK adults found that consumers continue to seek

10/06/2019 | Data Time, Research | Read More

Consumer confidence edges up, but caution remains, finds Deloitte

UK consumer confidence saw modest quarterly growth of one-percentage-point (to -8%) in the first quarter of the year, according to the latest Deloitte Consumer Tracker. However, confidence is down by two-percentage-points compared to the same time last year.

24/04/2019 | Data Time, Research | Read More

Deloitte: retail administrations rise for second consecutive year while large retail CVAs experienced a seven-fold increase

The number of retailers entering into administration in 2018 was 125 - compared to 118 in 2017, a marginal increase of 6% according to Deloitte’s latest insolvency figures. In addition the number of retailers entering into Company Voluntary Arrangements (CVAs)

07/01/2019 | Data Time, Research | Read More

Deloitte: record levels of retail discounting expected in lead up to Christmas

UK consumers are benefiting from record levels of pre-Christmas discounting in 2018, according to analysis of more than 800,000 products by Deloitte.

18/12/2018 | Data Time, Research | Read More

UK retailers brace for fiercely competitive Christmas amid cautious consumer appetite, says Deloitte

UK consumers intend to spend £567 (€646) this Christmas, according to the latest findings from Deloitte’s 2018 European Christmas Survey. The research, based on responses from 9,169 consumers across 10 European countries, reveals a modest increase in expected spending in

20/11/2018 | Christmas Time, Data Time, Research | Read More
High street is far from dead, it is evolving, says Deloitte’s head of retail

High street is far from dead, it is evolving, says Deloitte’s head of retail

UK retail sales increased by 0.7% in July 2018, compared with the previous month, recovering from a decrease of 0.5% in June 2018, according to the latest figures from the Office for National Statistics (ONS).  When compared with the same month

16/08/2018 | Retail News | Read More

Deloitte: retail and CPG industries poised to take advantage in ‘age of blockchain’

The retail and consumer packaged goods (CPG) industry is well placed to take advantage of blockchain opportunities which could revolutionise their operations and processes, according to findings from a new Deloitte report.

24/05/2018 | Manufacturer news, Retail News, Retail Technology, Retailer News | Read More

Deloitte pinpoints top digital trends for consumer facing industries 2018

Deloitte has published its Digital Predictions 2018 report. Consumer-facing businesses will need to respond to six major digital technology trends this year, which all have the potential to radically alter their customer relationships.

12/03/2018 | Retail News, Retail Technology, Retailer News | Read More

Retail administrations increase for the first time in five years, Deloitte reveals

The number of retailers entering administration increased from 92 in 2016 to 118 in 2017, an increase of 28%, according to new analysis from Deloitte. This is the first increase in the last five years, and significantly records an uptick

08/01/2018 | Data Time, Research | Read More

Deloitte: retailers must act now to ‘future proof’ their business

Retailers need to act now and rethink both their organisation and workforce in order to prepare their business for changes in the retail sector, according to findings from a new Deloitte report. Retail Productivity: Shop for tomorrow’s workforce looks at the

03/10/2017 | Data Time, Research | Read More

Retailers’ profitability challenged by inexorable rise of e-commerce, Deloitte report finds

The retail industry has faced many challenges over the last 20 years but rising cost pressure, lower pricing power and the need to invest in digital transformation will test retailers’ mettle in 2017, according to Deloitte, the business advisory firm.

15/03/2017 | Data Time, Reports | Read More
Shopping experience is becoming important tool for differentiation, Deloitte research shows

Shopping experience is becoming important tool for differentiation, Deloitte research shows

More consumers are now purchasing products online rather than in store, according to new research from Deloitte, the business advisory firm. The findings come from a survey of 2,000 UK consumers, published today in the latest Deloitte Consumer Review: CX

28/11/2016 | Data Time, Research | Read More
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