Welcome to the section of TheBusinessSage designed to help retailers
Grocery Market( 3 items )
Articles and unseful information for SMEs in the Grocery Market. The UKgrocery market was worth £128.2bn at the start of 2007, an increase of 4.0% on 2006
Groceries account for 12.7% of all household spending, making it the third largest area of expenditure, first is housing and second is transport
Food and grocery expenditure accounts for 49p in every £1 of retail spending
20p in every £1 spent in food & grocery is spent in convenience stores
Outlook( 3 items )
Retail Sales are often seen as a useful barometer for the economy as a whole. The retail sector is one of the largest markets in which SMEs operate.