Beauclair Ltd

Was September a washout? ☔️ Three factors had a big impact on September's retail spend. The rain 🌧️ Lower consumer confidence 🤔 And a strong comparable in September 2023 📈 Sales in UK towns and cities took a sharp downturn in September, dropping by -6.5% from September 2023, versus an annual drop of -3.1% in August. You can read more here 👇 https://lnkd.in/e7pgyF4q #RetailSpend #HighStreetInsights ✨Diane Wehrle SFIPM

📢 SEPTEMBER 2024 TOWN & CITY CENTRE Beauclair Ltd Spending Insights A SHARP DOWNTURN IN SALES IN UK TOWNS AND CITIES IN SEPTEMBER 2024 DUE TO A COMBINATION OF HEAVY RAIN, LOWER CONSUMER CONFIDENCE AND A STRONG COMPARABLE IN SEPTEMBER 2023. According to ✨Diane Wehrle SFIPM, Beauclair’s Brand Ambassador. Sales in UK towns and cities took a sharp downturn in September, dropping by -6.5% from September 2023, versus an annual drop of -3.1% in August.      Some of this drop may be accounted for by a relatively strong comparable in September 2023 when sales rose by +1.6% from September 2022.   However, the torrential rain that hit most of the UK for a number of days in September will undoubtedly have had a noticeable impact. Additionally, there was a large drop in consumer confidence according to the GfK Consumer Confidence indicator. All of the five key sectors, which together account for 85% of sales in towns and cities, were hit in September. The greatest impact was felt by the Food & Drink sector, with the heavy rain undoubtedly affecting his sector particularly hard due to its discretionary nature, and sales dropped by -10.1% from September 2023.   In contrast, Fashion - which has had a particularly challenging trading year - recorded a much smaller annual drop in sales in September of -4.7%.  The results for September are clearly disappointing, but looking forward to Q4 we are forecasting that sales will be stronger than last year. Part of this expected uplift is likely to be due to a bounce back from disappointing sales in Q4 last year, when sales declined annually in each of the three months.  Alongside this, the economic landscape has improved with lower price inflation, wage inflation that is exceeding price inflation, and interest rates are also starting to come down, all of which provide a rationale for cautious optimism for the remainder of 2024. Read all the details ⬇ https://lnkd.in/e7pgyF4q

Encouraging signs suggest a potential shift in consumer behaviour! While overall retail spending in August remained down compared to the previous year, we did see some interesting changes to suggest a shift in how people are spending their money. Key takeaways: • Smaller decline: The overall sales drop was less severe in August (-3.1%) compared to July (-9.3%). • Sector-specific trends: While some sectors saw continued declines, others, such as Food & Drink, showed significant signs of improvement. What does this mean for the future? It's too early to say definitively, but these trends could signal a cautious return to spending. As the economic landscape continues to evolve, businesses need to stay informed and adapt their strategies accordingly. Want to learn more? Read our most recent newsletter for a detailed analysis of August retail spending trends. #Retail #DataInsights #HighStreet #EconomicOutlook

Great to see our Beauclair Brand Ambassador ✨Diane Wehrle SFIPM on #bbcbreakfast!

Did the Taylor Swift concert impact the local cities' spending? Let's take Cardiff, Edinburgh and Liverpool as an example. In June, entertainment was up 44.5% on average compared to the same data from the previous year. Scroll through ✨Diane Wehrle SFIPM and Beauclair Ltd's findings, or click to download the PDF and read it later. #TaylorSwift #EconomicImpact #LocalBusiness

The Fashion industry welcomed a better August with a last summer wardrobe boost! 📈 In August Fashion sales were just -1.4% below 2023 compared with -11.9% in July. And what was the likely cause of this? The weather ⛅️☔️ August remained brighter in comparison to a cool and rainy July. Beauclair can help you understand how the fashion retailers in your city are doing. Drop us a message to find out how. #Fashion #HighStreetRetail #EconomicOutlook ✨Diane Wehrle SFIPM

📣 During our Beauclair Ltd Golden Quarter 2024 Spending Predictions webinar our brand ambassador ✨Diane Wehrle SFIPM showcased how to use our data to forecast the Q4 2024 Retail Sales performance. Check our her predictions below: 🍂 Sept +0.5% 🎃 Oct +3% 💻 Nov +1.5% 🎄 Dec +2.5% The webinar was invaluable to all those involved in our town and city high streets, ahead of what Diane's analysis reaffirmed is THE crucial golden quarter. Don't miss out, to hear all the insights and discussions in full, the recording and slides are available NOW via our website: https://lnkd.in/egPXy8nB

We know many of our BID and Local Authority clients are always on the hunt for new investment opportunities. So sharing the lovely Laura Harris's post of some live opportunities.

It was fantastic to see so many people join ✨Diane Wehrle SFIPM, Robin McGowan and our team for the Golden Quarter 2024 Beauclair Spending Predictions webinar yesterday. Thank you so much for joining us. It was a super session covering a review of trends, spending offline and online, sector performance and of course Diane's predictions for the crucial next 3 months.

The Golden Quarter is here, and today is your chance to gain a competitive edge! Join our exclusive webinar led by Retail & Destination Insights Expert, ✨Diane Wehrle SFIPM. She'll be unlocking the secrets of consumer spending trends for the crucial festive season. Here's what you'll learn: 📅 Peak Trading Days: Predict with confidence when your customers are most likely to shop. 📈 Black Friday Strategies: Optimise your approach to this critical sales event. 🖥️ Understanding Online vs. In-Store Spending: Develop strategies to capture both online and offline sales. Space is limited, so register now! ➡️ https://lnkd.in/ek5CQ4D9 #GoldenQuarter #Webinar #ConsumerTrends P.S. Share this post with your network to help them prepare for a successful festive season! P.P.S. If you can't make it, still sign up, and we'll send you a recording of the session.