The report forecasts annual market size, growth rates and drivers, and explains the key trends and issues that retailers face as the economy and consumers face more austerity.
UK Retail Market Forecasts & Sector Summaries to 2015
1. UK Retail Forecasts & Sector Summaries to 2015
With average growth of just 1.9% to 2015, only the strong will survive. Non-food sectors
are particularly hard hit as consumers focus on essentials and cut back on big ticket and
discretionary spend. Non-food will lose 2.7% points in retail spending.
There is a major change in space as online takes yet more share of spend - particularly in
sectors where digital delivery replaces physical product. Though online growth is slowing it
will account for nearly 14.0% of all spending by 2015.
Pent up demand and an uplift in the housing market will help home related sectors recover
from 2013 onwards, but coming from a much reduced base the recovery will be slow.
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UK Retail Forecasts & Sector Summaries to 2015 provides updated and comprehensive data
on the performance of the UK retail sector and nine major individual sub-sectors. It
forecasts annual market size, growth rates and drivers, and explains the key trends and
issues that retailers face as the economy and consumers face more austerity.
Features and benefits
Produce effective strategic plans with these updated and comprehensive forecasts for
all the major retail sectors
Ensure investment is targeted at the most productive sectors and channels and
maximise store potential and profitability
Benchmark your business against market metrics and highlight risks and
opportunities
Major points covered in Table of Contents of this report include:
OVERVIEW
EXECUTIVE SUMMARY
RETAIL SUMMARY
Low growth will challenge all retailers over the next five years¦
Non-food will be the main casualty, losing 2.7 points in share of retail spending;
An improvement in the housing market will help non-food from 2013, but deflation will
return as competition heats up;
Food & grocery will win share helped by inflation throughout the period;
Sectors relating to personal wellbeing will continue to grow the fastest;
Online will continue to outperform, accounting for nearly 14.0% of spend in 2015;
Retailers are reducing physical space, enlarging average store size and improving sales
densities to remain viable.
2. APPENDIX
Disclaimer
List of Tables
List of Figures
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Report Details:
Published: February 2012
No. of Pages: 8
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