The economy deteriorated rapidly throughout 2008 and the UK homewares market was one of many areas of retail which suffered. With house prices falling sharply and first time buyers forced out of the market, housing transactions have decreased dramatically and are likely to fall further in 2009. This has severely restricted a major driver of homewares demand which has a huge impact on homewares sales over the next few years. UK Homewares Retailers 2009 is a new report published by Verdict that provides ten years of UK homewares sales, spending, space and store data, and details the key drivers and trends shaping this sector. This report examines the key success factors and drivers of growth in what is a very challenging and difficult trading environment. It looks at how to achieve strong value credentials, while examining how to capitalise on the changing dynamics of the homewares market.
Published: January 2009 - UK. |
