Rise in VAT on hot and cold food
October 1st 2021
From 1 October 2021 the VAT rate on hot and cold products prepared on site are due to increase to 12.5% until to 31 March 2022
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As a tool for keeping tabs on overall performance of the market and comparing your existing knowledge, the Convenience Snapshot is second to none, especially if you have interests in various geographical locations.
The Convenience Snapshot has been designed to give a breakdown of c-store retail performance in terms of turnover, footfall, and basket spend.
As a tool for keeping tabs on overall performance of the market and comparing your existing knowledge, Convenience Snapshot is second to none, especially if you have interests in various geographical locations.
Alongside the ability to monitor month-on-month performance of any region in question, Convenience Snapshot includes details of nine significant categories that compare performance with that of your region, mated with national data.
Clarity over sales performance and national trends has never been so simple!
With the above functions, you can compare sales against the local and national average. You can also gain a snapshot of what’s going on in the market and view the trends within each individual category.
Presented data will showcase which stock items dominate the top 10 bestsellers, including newspapers and magazines, household products, groceries, frozen foods, and alcohol. Drilling down into these factors, Convenience Snapshot can provide unit sales and average price for each listing therein.
We will be adding new categories and features over the coming months to support further data insights. Not only that, but a retail-specific version is on the way for next week. So stay tuned for further news and email alerts!
Turnover
– Month-on-Month turnover
– Year-on-Year turnover
Footfall
– Month-on-Month footfall
– Year-on-Year footfall
Basket Spend
– Month-onMonth basket spend
– Year-on-Year basket spend
Performance
– Regional vs National
– Top 10 products per category
Category Value
Percentage of Sales
Month-on-Month performance
You can view the Convenience Snapshot Free by completing the form below.
We are keen to hear your feedback and suggestions. To have your say, please email marketing@retaildata.co.uk. We look forward to hearing from you!
October 1st 2021
From 1 October 2021 the VAT rate on hot and cold products prepared on site are due to increase to 12.5% until to 31 March 2022
Read More
October 1st 2021
Do you prepare food to be sold in your store such as food-to-go, pre-packed sandwiches, packaged cakes or biscuits? If so this Law change may apply to you.
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July 26th 2021 | Retail Insights | Retail News | Retailers React!
Our survey amongst the Independent convenience store community across the UK last week has shown that they are being seriously impacted by the so-called “pingdemic.”
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