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? Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for Other research you may be interested in: CES 2024 Wrap-Up: Top 10 Tech Takeaways—AI Creates a BuzzWeekly US and UK Store Openings and Closures Tracker 2024, Week 34: Full-Year Store Closures in the US To Exceed 5,000Surprising Declines in Consumer Activity: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2024, Week 4: Macy’s To Close Five Stores