Is it a case of sales pulled forward, or are we seeing incremental sales as the public buy more things?
According to GfK’s Consumer Pulse study, we could potentially be heading towards further growth in Q4 2020.
27% of consumers have stated that they expect the spend either a little or a lot more on durable goods in the next 12 months, and 40% expect to spend the same as previously.
This highlights there is still a considerable amount of pent up demand from shoppers still to come.
We are most likely to see continuing growth in