Quarterly Sectorial Retail Performance Index 2010
Retail Excellence Ireland has established a research panel for each of seven major sectors within the Irish retail industry. Each research panel involves a large sample of retailers from that sector, each of whom is required to return a simple research questionnaire every three months. The questionnaire is number coded and confidential and tracks key sectoral trends and data.
Retail Excellence Ireland produces a quarterly retail index for each of the seven sectors and an overall market analysis. Key retail data produced by the panels includes sales trend analysis, turnover per square foot and a cost index. This data enables retail players to better understand how they are performing comparable to their sector and identifies underlining trends, leading to better buying and strategic planning. Furthermore the data offers an excellent guide to current market performance (and an answer to the age old member enquiry – how are things out there?).
The resulting information is disseminated to the participant Retail Excellence Ireland membership while a summary report will be made available to selected media partners and the Retail Excellence Ireland membership in general.
Research panels have been established for the following sectors:
• Ladies Fashion
• Gents Fashion
• Giftware / Homeware
• Jewellery
• Pharmacy
• Grocery
• Footwear
Specialist Indices: REI have launched two specialist indices in 2010. A home retail index monitors sales trends in electrical, furniture, flooring and home interiors. A hot beverage retail index monitors retail sales trends in this critical economic barometer and provide clear indication of discretionary spending in the marketplace.
For further details on the Retail Excellence Ireland 2010 quarterly retail index analysis please contact David Fitzsimons (on 065 6846927 or email info@retailexcellence.ie)