|
|
 |
|
Viewing report
|
|
|
|
UK Retail in the Recession; Lessons for the Future
Verdict Research Limited, Dec 2009, Pages: 24
UK Retail in a recession; lessons for the future analyses the major retail sectors during a nadir for UK retail. It identifies the factors that have ensured survival, as well as those behind casualties, and projects these into future growth strategies, with a retail sector outlook, and recommendations on how to successfully adapt your business to a low growth environment.
Scope:
- A thorough assessment of the performance in UK food and non-food sectors in 2009, identifying trends, impact on space, productivity and sales.
- Detailed characteristics of retail survivors and casualties and how businesses can learn from these.
- Action points businesses can implement in future strategy to safeguard themselves from further downturns.
- Forecasts for growth in the retail sector, and online sales, until 2013. Changes in space, expenditure, outlet numbers and vacancy rates in 2009.
Highlights:
- The recession has shaken out weaker operators and left the strongest survivors to pick up their business, but this is a short term fillip for retailers. Future growth will be limited we do not expect annual growth to get close to 3.0% until 2013, and in 2010 we expect it to be only a little above 1.0%.
- The result of a reduction in capacity is that surviving space is becoming more productive; enhanced by online sales. Without the contribution of online, average sales densities in 2009 would be £474 per sq ft rather than £511 per sq ft. Retailers must in future devise new expansion strategies based on profitability, rather than scale.
- Having flexibility in your proposition to exploit sales trends is a key advantage, and retailers must foster this in their culture. A common factor among winners is either being in the sectors that cater for recessionary trends, or adapting an offer and product range to benefit from them.
Reasons to Purchase:
- Using expert analysis understand the current dynamics of the UK retail sector and use this to devise successful strategies for market share gains
- Identify growth prospects and trends in individual sectors and plan investment accordingly
- Achieve competitive advantage by using action points as a framework for devising a winning retail strategy
Customers who bought this item also bought
UK Womenswear Retailers 2009
UK Food & Grocery Retailers 2010
UK Menswear Retailers 2010
UK Womenswear Retailers 2010
DIY and Home Improvement Retail in Europe: Market Size, Retailer Strategies and Competitor Performance
UK Homewares Retailers 2012
UK Value Clothing Retailers 2010
UK Childrenswear Retailers 2010
UK Electricals Retailers 2011
UK DIY & Gardening Retailers 2011
|
|
|
|
