September 2009 - Trade predictions #2

[Lee]

its been six months since we surveyed How do you predict trade for the next 12 months?

 

So this month & with the recession still so prominent in the news I feel its worth asking how those predictions are panning out now its 6 months into the prediction period, to see how the current climate is affecting us 6 months on.

 

How HAS trade been in the last 6 months compared to last years?

[Guest lee.]

Our trade has dropped by about 25% over the last year , peoples shopping habits seem to have changed , many now using out of town shopping "Sheds" , visiting Supermarkets "after hours" ( between 6pm and 8am ) to fit in with 24/7 work shifts,and buying groceries and other items online.

Far less "browsers" than we used to get ,you know the sort "i was just passing and thought i would ask ", and far more who specifically come in ask the price of a Key ( £2.50 for a cylinder , £4 for a mortice) and tell us they will "think about it " , lets face it you either want a spare or you do not , but some seem to have the time to "shop around".

[alxfer]

Have just today,put my end of year accounts into my accountant. I worked out to be 1.5% down on last year.

[keithm]

Have just today,put my end of year accounts into my accountant. I worked out to be 1.5% down on last year.

 

 

If that's all your down on last year you've done well my friend =D> =D> =D>

[Michael]

Just had my last complete years (2007-2008) accounts back.

Down 4.1% but managed to keep profit roughly the same

 

2008-2009 just finished and looks to be about 15% down , but I've been quite tight with my buying so hopefully profit should be not too bad

[keithm]

It'll be good to hear how you've done Michael