Quarterly Insight Briefing - Q2 2024
The BRC Insight team hosted its Q2 2024 Briefing on 17th July covering the latest retail sales performance, footfall and consumer sentiment trends, and economic update.
Download this on-demand briefing to get up to date with the latest retail market and economic trends covering the second quarter of 2024.
Key takeaways:
- Economic performance over 2024 is likely to be stronger as wages growth and confidence improves.
- Although a very slow start to the year, retailers are hopeful this summer can be a turning point for footfall figures.
- Slowdown in Q2 retail sales, impacted by Easter effect. However, better weather and summer activities are expected to boost the retail sector.
- After seeing slight upward trajectory over recent months, consumer optimism about the economy and personal finances dipped in June, but spending plans remain consistent.
We would welcome your feedback and/or questions. Please email insight@brc.org.uk.