Home improvements is likely to be the retailing segment hit hardest by Brexit , as house prices decline , the pound weakens and consumer demand falls , according to Matthew Rubin , a senior analyst at Verdict . " The previous Verdict forecast for the combined home sectors ( DIY and gardening , furniture and floor coverings and homewares ) of 2.4 % growth in 2016 is now looking less achievable , " with already thin margins being pressured further , Rubin vs . retailers could pose problems for Bunnings , a new trend in the consumer improvement arena as it carries out a complete rebranding of new acquisition strategies .
Home improvements is likely to be the retailing segment hit hardest by Brexit, as house prices decline, the pound weakens and consumer confidence falls, according to Matthew Rubin, a senior analyst at Verdict. "The previous Verdict forecast for the combined home sectors (DIY and gardening, furniture and floor coverings and homewares) of 2.4% growth in 2016 is now looking less achievable," with already thin margins being pressured further, Rubin said. Brexit could cause problems for Bunnings, a new entrant in the home improvement arena as it carries out a complete rebranding of new acquisition Homebase.