Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

UK's SDEA Anticipates Rising Sales Despite Market Conditions

By Steve Wynne-Jones
Share this article

The UK's Shop and Display Equipment Association (SDEA), an organisation for providers of shop fitting, shelving, signage and point of display materials, has said that its members experienced an increase in sales in the first six months of the year, despite the looming threat of Brexit.

According to the SDEA, 40% of its members experienced an increase in sales in the first six months of the year, compared with the same period the previous year - the average increase in sales standing at around 23%.

When asked to forecast their sales prospects over the forthcoming six month period, some 45% of retail display suppliers expected their sales to rise by an average of 7%.

“It is extremely encouraging to see that members’ sales continue to rise," commented SDEA director Antony Behiels.

"The industry remains relatively buoyant despite the volatile UK economy. The remainder of the year is also looking healthy, even though many members expect continued price increases from their suppliers.”

ADVERTISEMENT

The positive outlook comes despite anticipated price increases - 82% of members experienced price increases from suppliers over the past six months, with average prices rising by 7%.

© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Matthieu Chassain. Click subscribe to sign up to ESM: European Supermarket Magazine.

 

Get the week's top grocery retail news

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days