Retail Think Tank predicts first rise in retail health since Q1 2007
The KPMG/Synovate Retail Think Tank (RTT) has unveiled its latest Retail Health Index (RHI) evaluation in which it confirmed that the state of retail health in the UK in quarter three has now stabilised. However, it remains at its lowest level since the metric was launched. The panel did see clear signs of improvement to the pressures on margins beginning to positively affect retail health towards the end of the quarter three and pointing the way to better health to come.
After deteriorating for nine consecutive quarters, before levelling out, the panel stated that it expects that, at last, the state of retail health will improve in quarter four, albeit marginally. This is especially significant because it is just in time for the most vital trading period for retailers: Christmas.
The RTT is anticipating that in quarter four, the RHI index will rise from 82 to 83 compared with the metric’s starting base of 100 in quarter one 2006.
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