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Retail Pulse

Retail Pulse

July 2021

Key Points

  • Retail Pulse down in July
  • Two in five firms expect to increase basic pay over the next 12 months
  • 60% have ambitions to grow their business in the next 1 to 3 years

Retail Pulse

July 2021

Retail Pulse

July 2021

85.8

-3.8 on previous index reading

Retail Pulse

July 2021

Sales

Past 3 Months

Shape Created with Sketch. 44%
37%
20%

Balance +24%

(+13 on previous reading)

Retail Pulse

July 2021

Sales

Next 3 Months

Shape Created with Sketch. 37%
50%
13%

Balance +24%

(-15 on previous reading)

Retail Pulse

July 2021

Jobs

Past 3 Months

Shape Created with Sketch. 16%
78%
6%

Balance +10%

(+1 on previous reading)

Retail Pulse

July 2021

Jobs

Next 3 Months

Shape Created with Sketch. 10%
85%
4%

Balance +6%

(-7 on previous reading)

Retail Pulse

July 2021

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 62%
36%
2%

Balance +60%

(+12 on previous reading)

Retail Pulse

July 2021

Selling Prices

Next 3 Months

Shape Created with Sketch. 49%
50%
2%

Balance +47%

(-2 on previous reading)

Retail Pulse

July 2021

Pay Intentions

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 4% 9%
2% to 4% 27%
< 2% 5%
Stay more or less the same
57%
Decrease
< 2% 1%
2% to 4% 0%
> 4% 0%

Retail Pulse

July 2021

Business Ambitions

Next 1 to 3 years

60% growth trajectory
40% less ambitious

20%Confident, actively pursuing opportunities

33%Prefer to stay same size

40%Plan to grow but remain cautious

7%Intend to scale down