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. Request a Sample for or Inquire before buying the report UK Retail Market
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.
APPENDIX Disclaimer List of Tables List of Figures Explore Reports related to Retail @ http://www.reportsnreports.com/marketresearch/retail/ Report Details: Published: February 2012 No. of Pages: 8
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