Latest news
Retail Market 2012
Date Posted: 16/01/2012
With Christmas fast fading away, the UK retail sector faces another tough year ahead. Significant discounting helped retailer’s end 2011 with positive sales growth, however, the Christmas sales alone will not rescue all of them following a relentlessly tough year.
With Economists forecasting a further dip in consumer spending (growing by only 1.2%, the third slowest rate in 40 years), the first quarter in 2012 will be the most difficult and important period for retailers. With events such as Valentines Day, Easter, the Diamond Jubilee and Olympics they are hoping this will improve spending, albeit not all of them can put all their eggs in one basket and wait for these peaks in spending. With consumer disposal income down, high inflation, muted salary growth and rising unemployment, 2012 will be an extremely testing time and may see many household names falling into receivership.
Here at Foundation Recruitment, whilst we have certainly seen the effects of the downturn in economy it is not to say that job opportunities are a distant memory. Foundation Recruitment are still working closely with a select number of key clients who continue to drive forward in the market and boost Property Recruitment in the Retail Sector.
At Foundation Recruitment we are seeing a trend of having a large demand for Estate Managers and Acquisition Managers from within the food retail/high street arena therefore we are always keen to speak with any candidates with the relevant experience looking for an exciting new opportunity.
Should you wish to discuss the current state of the Retail Market and how we can assist you in securing that new role, please contact our Manchester office on 0161 638 8740.