LONDON (Reuters) - Sales of non-food ranges at grocers are set to rise 40 percent over the next five years, a study said on Wednesday, piling pressure on specialist retailers already hit by recession and online competition.
Grocery specialists IGD forecast sales of non-food ranges such as clothing, electricals and homewares would reach 16.2 billion pounds at British supermarkets by 2014, or about 10 pence in every pound spent in such stores.
In its report, UK Grocery Retail Outlook 2009 - Repositioning for Growth, the IGD also forecast the British food and grocery market would grow 20 percent to 175.9 billion pounds by 2014.
For 2009, sales of non-food items by grocers would rise 6.4 percent to 11.6 billion pounds, compared with a 0.8 percent fall at other retailers, the IGD estimated.
Its report also projected the convenience store sector would continue to outperform the wider grocery market, growing to 41.4 billion pounds in 2014 from 30.3 billion this year.
Sales of groceries online would also almost double to 7.2 billion pounds by 2014 from 3.7 billion this year, the IGD said.
(Reporting by Mark Potter, editing by Will Waterman)
(c) Reuters 2010. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
Last updated: 25 November 2009, 06:26
The links provided allow you to bookmark this page into your favourite social media website. For users with JavaScript disabled copy and paste the URL from the address bar into your chosen social bookmarking site.