Market Outlook: UK Department Stores—Slimmed Down and Shaping Up

What's Inside

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

In this Market Outlook, we analyze how UK department stores are adapting to reach modern consumers. We discuss the sector’s recent performance, competitive landscape and trends we are observing.

Data in this report, for the UK department store sector, include:

• Total revenue and revenue growth, 2017–2026E
• E-commerce sales and year-over-year changes, 2016–2026E
• E-commerce penetration, 2016–2026E
• Major retailers’ sales, 2018–2022E
• Major retailers’ store portfolios, 2015, 2020, 2022

Companies mentioned in this report include: House of Fraser, Harrods, John Lewis, Marks and Spencer (M&S), Selfridges

Other relevant research:

• Marks and Spencer Investor Day 2022: Company Expands Food Stores and Reduces Full-Line Stores
• Head-to-Head in UK Apparel Retailing: Marks and Spencer vs. Next
• Market Outlook: US Department Stores—Innovation Amid New Challenges