Deep Dive 27 minutes PremiumRetail 2024: Five Forces and Five Trends Shaping UK Retail Anand Kumar, Associate Director of Retail Research Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research January 19, 2024 What's InsideThe Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail in 2024, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology. In this report, we present five forces and five trends that will shape UK retailing in 2024, which Coresight Research expects to be a year of transition for consumers and retailers in the UK. Data in this research report include: UK real retail sales growth, retail inflation and overall (CPIH) inflation, Jan–Nov 2023 UK Bank rate, 2018–2024 The proportions of UK consumers undertaking selected strategies due to increases in the cost of living, based on proprietary survey data UK grocery market share breakdown by retailer Top fashion retailers used by UK 18–27-year-olds in the prior 12 months, based on proprietary survey data Companies mentioned in this report are: Aldi, Boohoo, H&M, Lidl, Marks & Spencer, Next, Ocado, Primark, The TJX Companies, Sainsbury’s, Shein, Tesco Other relevant research: Retail 2024 Sector Outlooks: Ebook Holiday 2023: UK Retail Outlook—An Inflection Point? This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 12: US Closures Up by One-Quarter Year over YearCountdown to China’s Singles’ Day 2023: One Month To Go—Major Platforms’ Plans for the Shopping FestivalMicrosoft Ability Summit 2023—The Latest Trends in AI and Inclusive TechnologyData Dive: Mapping Bed Bath & Beyond Store Closures—States Impacted and Retailers Likely To Benefit
