Deep Dive 26 minutes PremiumMarket Outlook: UK Department Stores—Slimmed Down and Shaping Up Erin Schmidt, Senior Analyst February 7, 2023 Table of ContentsIntroduction Market Scale and Opportunity Market Factors Inflation Category Shifts Industry Consolidation International Tourism Recovery Online Market Competitive Landscape Leading Companies Store Numbers and Changes Themes We Are Watching Optimizing Stores and Investing in New Formats and Smaller Stores Investing in Digital To Personalize Data and Grow Base of App Users Expanding Selling Through Livestreaming Providing Rental, Resale, Repair and Sustainability Services Upgrading Private Label and Investing in New Brands What We Think What's InsideEach 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 This report is for Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in:
