The Retail Industries
The Sector
The retail sector in the UK is estimated to have a value of about £300 billion, including internet and home shopping, of which
just under half is spent in food and grocery outlets.
Consumer debt, rising interest rates, inflation, house prices and job security all affect how much people shop, and the current
economic climate indicates that consumer spending will slow down. Customer confidence is a key issue: if people feel optimistic
about their situation, they will spend more. If they are nervous about their own financial security, they will spend less.
Our Experience
The 3Spheres UK team has undertaken many studies in the retail sector
across all types of products including alcoholic and soft drinks, beverages, ice cream, spices and sauces, baking and catering products,
white and brown electrical goods, men’s and women’s clothing, sports items, carpets and soft furnishings, DIY products such
as paving and paints, gardening products, pharmaceuticals, leisure and travel goods, and automotive.
Studies have also been undertaken looking at products and services supplied to the retail trades and used within the business, such
as display and POS equipment, signage and security.
Studies have involved discussions with major supermarkets, department stores, specialists food and non-food multiples and independents,
as well as home shopping suppliers and vending services.
Think 3Spheres UK for your research in the retail sector.
Click here to return to view other sectors.