Housewares Business-to-business magazine for housewares retailers and their suppliers
The latest survey by the Shop and Display Equipment Association (SDEA) reveals that its members’ sales are on the up.
The Association reveals that 54.2% of respondents have registered an increase in sales over the last six months, compared with the same period the previous year. A further 33.3% reported that sales had remained level.
Asked to quantify the growth in sales, the companies reported increases averaging 22.6 %. Favourable results were also forecast for the next 12 months with 70.8% of those surveyed expecting sales to increase and a further 20.8% anticipating maintaining similar sales levels. The average growth in sales is expected to be 23.8%.
SDEA director Lawrence Cutler said: “These are very encouraging figures. Our survey indicates a renewed energy within the shopfittings and display market, which has been building for some time. It is a testimony to the tenacity of established retail display suppliers who have shown again and again that investment in retail interiors can bring an immediate payback.”
