The OC&C Christmas Trading Index 2015
Overall retail like-for-likes were broadly flat in Christmas 2015, continuing the trend of the previous 3 years. Over the entire period from 2011 to present, UK retail has benefited in aggregate from less than 0.5% of like-for-like growth - indicating how hard retailers are having to fight for consumer spend.Read publication
Flat out or out flat?
The UK economic recovery may be continuing (and wages finally growing faster than inflation), but from a retail Christmas trading perspective progress was uneven
The sustained slowdown being experienced by the Global 50 FMCG giants is partly a reflection of cyclical exchange rate and commodity effects but also more concerning structural growth challenges