Report cover image

United Kingdom (UK) Department Stores Retailing Market Trends, Analysis, Key Players and Forecast to 2027

Publisher GlobalData
Published Aug 10, 2023
Length 76 Pages
SKU # GBDT18268591

Description

United Kingdom (UK) Department Stores Retailing Market Trends, Analysis, Key Players and Forecast to 2027


Summary

The UK Department Stores Retailing report offers comprehensive insight and analysis of the department stores channel in the UK, the main trends and hot issues, major players and consumer attitudes.

The UK Department Stores Retailing market is forecast to grow between 2022 and 2027. This is being driven by London-based locations and the tourism appeal that locations such as Harrods, Selfridges and Harvey Nichols have, particularly among those from the US, Middle East and Asia. Indeed, international arrivals are forecast to overtake 2019 levels by 2024, with many likely to flock to the capital. Department stores consequently are elevating their stores to appeal to these shoppers seeking luxury goods.

Key Highlights

Clothing & footwear is forecast to contribute nearly 50% to the UK Department Store Retailing market by 2027, however it is not expected to recover to the heights of 2017.
Department stores have an opportunity to utilise both online and offline platforms to succeed, events and customer experiences that go across multiple sectors giving them a USP compared to other specialists.
From 2022, consumer shopping habits began to normalise, with the offline channel strengthening once again as footfall began to improve. However, the online market has not shrunk to its pre-pandemic size as the improvements and investments into the online channel have ensured that consumers are using both channels rather than just shopping instore

Reasons to Buy
  • Use our in-depth consumer and market insight to learn about the growth of different sectors in the department stores market.
  • Understand where consumers shop and why they choose to shop at various department stores different products to capitalise on the growth in the department stores market.
  • Discover the trends in the department stores market to better understand how to adapt and stay ahead of the latest changes in consumer behaviour

Table of Contents

76 Pages
    • Summary/Key Findings
    • UK Department Stores Retailing Market Drivers
    • UK Department Stores Retailing Market Inhibitors
    • Key Trends: Cross-channel shopping
    • Key Trends: Finance options
    • Key Trends: Loyalty schemes
    • Key Trends: Rental services
    • Key Trends: Resale
    • Strategies for Success in the UK Department Stores Retailing Market
    • UK Department Stores Retailing Market , five-year growth 2017 - 2027
    • UK Department Stores Retailing Market Size, 2017-2027
    • UK Department Stores Retailing Channel Size, 2017-2027
    • UK Department Stores Retailing Channel Size as a proportion of Total Retail, 2017, 2022 & 2027
    • Key Category Trends
    • UK Department Stores: Sector summary
    • UK Department Stores Retailing Market by Sector %, 2017-2027
    • UK Department Stores Sector Penetration: Value and Forecast, 2022 & 2027
    • UK Department Stores Retailing Market, 2017-2027
    • UK Department Stores Retailing Market, 2017-2023e
    • UK Department Stores Retailing Channel Growth, 2017-2027
    • Top Five Players in the UK Department Store Market, 2022
    • Market Shares of Top 5 UK Department Stores, 2022
    • Sector detail: Clothing & Footwear Market Shares of Top 5 UK Department Stores, 2022
    • Sector detail: Home & Electricals Market Shares of Top 5 UK Department Stores, 2022
    • Sector detail: Health & Beauty Market Shares of Top 5 UK Department Stores, 2022
    • John Lewis & Partners
    • Fenwick
    • Harrods
    • Selfridges
    • Key Consumer Trends
    • UK Department Stores Visitor Penetration & Profile, 2023
    • UK Department Stores Shopper Penetration & Profile, 2023
    • UK Department Stores Visited, 2023
    • UK Department Stores Purchased From, 2023
    • UK Department Stores Category Penetration, 2023
    • UK Department Stores Channel Usage, 2023
    • UK Department Stores Purchase Frequency, 2023
    • UK Department Stores Consumer Drivers, 2023
    • UK Department Stores Services Usage (Overall), 2023
    • UK Department Stores Services Usage, 2023
    • UK Department Stores Improvements, 2023
    • UK Department Stores Loyalty Cards, 2023
    • UK Department Stores Own Brands, Top 5, 2023
    • UK Department Stores Own Brand, 2023
    • Department store statements
    • Methodology

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us