This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Deloitte comments on latest ONS retail sales data

20 June 2013

Commenting on today’s ONS retail sales figures, Ian Geddes, UK head of retail at Deloitte, said: “The uplift demonstrated in today’s retail sales figures will provide the embattled high street with a note of cheer. Economic indicators, such as inflation, are still fluctuating from month to month making it difficult to get a true reflection of the market. However, consumers have emerged from the prolonged period of cold weather and our own research suggests they are feeling more confident about their capacity to spend.

“Looking to the coming months, this summer will be far more typical following the significant market distortions of the Jubilee celebrations and Olympic and Paralympic Games in 2012. Many retailers are running lean, keeping a close eye on costs as conditions overall remain tough. However, investment in innovation must remain a priority as retailers look to create value and differentiate themselves from their competitors through their service and product offering in an increasingly digital world.”

End

Notes to Editors:

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.

Media contacts

Name:
Celine Gordine-Wright
Company:
Deloitte LLP
Job Title:
Phone:
+44 (0) 20 7007 6384
Email
cgordinewright@deloitte.co.uk

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options
Follow:

Get in touch

More on Deloitte