Although the year 2020, marked by COVID-19, posed immense challenges for retailers, the trade in fast-moving consumer goods was able to benefit from the fact that public life was shut down during the lockdowns. The 27 EU countries recorded an
Despite a challenging business environment, the global Technical Consumer Goods (TCG) industry has inched back to $799 billion (excluding North America), which is a 2% value growth in the full year. Smart product segments performed better than average, resulting in
The COVID-19 pandemic disrupted multiple industries in 2020, however the global market for technical consumer goods (excl. North America) displayed resilience with a value growth of +2 percent in the full year. Consumers turned to tech to continue working and
Sales of well-being items such as toning belts, foot spas and massage products plummeted the week that the UK entered official lockdown. However, steady growth over the following five weeks saw both volume and value of sales reaching well above
Sales of shavers rocketed in the first two weeks of April, joining the continuing trend in sales of hair clippers, as men seek to look sharp during lockdown.
As Britain hit week two of enforced lock-down, sales of some kitchen appliances shot up, suggesting that people are turning into mini master-chefs - both to use up the in-home hours, and for the comfort of home-cooked meals.
TV sales in Britain jump in the week 15 – 21 March, up +59.5% in volume compared to the same week last year, and +43.3% in value.
As the effects of COVID-19 sweep the retail space, it is not only non-perishable food items that are increasing in sales. GfK’s point of sales data is tracking large increases in the DIY / Home market for Great Britain –
GfK’s UK Consumer Confidence Index has decreased two points this month to -1. Four of the five measures used to calculate the Index Score saw decreases this month, with the remaining measure increasing. Nick Moon, managing director of social research
Product innovations that help consumers to save time and do things better are more important than saving money for shoppers, new research from GfK has found. Snacks and household cleaning are the sectors that rely most on product innovation, said
Measures for the financial situation of the UK over the last 12 months and over the next 12 months have posted decreases in March 2013, according to GfK’s latest Consumer Confidence Barometer. Nick Moon, managing director of social research at GfK, said: “Whilst
Four fifths (81%) of social media users regularly use coupons, vouchers and deals when shopping, compared to 69% of consumers who haven’t engaged with social media in the last 30 days. That’s one of the key findings released today by GfK
Bricks and mortar retailers will enjoy a sales boost on Valentine’s Day with more than seven out of 10 of those planning to celebrate it claiming they will buy the majority of their purchases on the high street or at
Research company, GfK, reports its UK Consumer Confidence Index, which measures the general economic situation, savings and major purchases, has increased by three points this month (January 2013) to -26 with consumers demonstrating a propensity to make major purchases. Nick
Retailers will be able to tailor local offerings for existing stores and determine the best locations and most appropriate formats for new stores with new insights provided by a new business unit of Telefónica Digital, a division of telecommunications company Telefónica.