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
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.
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
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
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
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
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.
Over half (56%) of consumers feel safe returning to the High Street, up 16 percentage points month-on-month, according to Deloitte.
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.
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
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.
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
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.
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
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.
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)
UK consumers are benefiting from record levels of pre-Christmas discounting in 2018, according to analysis of more than 800,000 products by 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
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
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.
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.
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
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
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.
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
