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Retail Confidence for Christmas

December 2016

Retailers are optimistic that they will achieve a positive result in their biggest sales period, with most anticipating increased trading across the wider Christmas season.

Three fifths (60%) of UK retailers are more confident about Christmas trading this year compared with last year, with 53% expecting revenues will increase. Online sales have grown at pace throughout 2016, and retailers expect this trend to continue through the Christmas season, with three quarters (77%) predicting that mobile sales will be the channel with the biggest growth. The weaker pound is also expected to boost tourist or overseas spending, providing a further sales opportunity for UK retailers.