Tech Dominates April Retail Sales

Posted on 1 June, 2016 by Chris Grigorovsky

New figures from Hammerson’s Retail Tracker, HART, have revealed that technology sales across UK shopping centres had an overall 0.4% uplift in sales in April.

Tech Devices

It outperformed BRC’s latest figures which saw like-for-like sales down -0.9% for the month.

It was found that the ‘Sound, Picture & Technology’ was up by 27.7% and saw the greatest like-for-like increase in the past nine months.

Holiday bookings were also prominent, with the ‘Travel and Leisure’ category saw a 26.7% rise during the same period.

Looking into May’s spending also, it was found that the May bank holiday weekend pushed sales in the ‘Homewares’ sector rise in sales by 20.7% on the bank holiday Monday alone.

Hammerson’s CEO, David Atkins, commented: “Perhaps unperturbed by the uncertainty around the looming Brexit debate, it is encouraging to see customers still treating themselves to high value items.”

Mr Atkins concludes: “With additional highly anticipated tech launches this autumn, we expect a similar bounce in this category later in the year, as we see a trend towards consumers prioritising big-ticket tech over wardrobe updates.”




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme