Press releases

Deloitte comments on ONS Retail Sales figures

20 November 2014

Commenting on today’s ONS retail sales figures, Ian Geddes, UK head of retail at Deloitte, said:

“A stronger than expected month, albeit driven by discounting, will bring some cheer as we start the run-up to Christmas. While online sales have shown some loss of momentum, we expect this to pick up in November as retailers and consumers prepare for what are likely to be record breaking Black Friday and Cyber Monday sales.

“While October was a marginally better month for the beleaguered grocery sector, the market remains tough with pricing under intense pressure. Clothing retailers seem to have fared better than many expected, although promotional activity has been high and will not have made up for losses experienced in September. Furniture and homewares continue to perform well, a sign of strengthening consumer demand, increasing confidence and the strong performance of the housing market during 2014.”


Notes to editors

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.

George Parrett
Deloitte LLP
+44 (0) 20 7007 7285

Did you find this useful?