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9 Feb 2010
Figures from the BRC Retail Sales Monitor for January reveal that UK total
retail sales rose 1.2% year-on-year on a total basis, against a 3.2% increase in
January 2009. On a three-month basis, total sales increased by 3.9%, with
food growing by 4.3%, ahead of non-food at 3.7%. Commenting on the food and
grocery sector, Joanne Denney-Finch, Chief Executive, IGD, said:
"After a buoyant December, when shoppers treated themselves at Christmas,
January saw a return to the lower growth seen last autumn. The snow affected
shopping patterns with many consumers stocking up and driving sales at the start
of January. Supermarkets and suppliers kept the shelves full, demonstrating the
resilience of the food industry and its ability to rise to the challenge of
adverse weather conditions.
"As the economy creeps out of recession, IGD consumer research indicates
that price has risen in importance over the last 12 months, with 47% saying it
is now their main priority when choosing grocery products – up from 36% a year
ago. However, shoppers still want ‘value for values’, with support continuing to
grow for Fairtrade, local foods, and high animal welfare standards."
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