Read the latest reports on Western Europe, with local insight, sp...
Read the latest reports on Western Europe, with local insight, specialist knowledge and a comprehensive breakdown of key market data. Our research identifies key strategic themes relevant across the region, while also providing a more granular unders...
Due to high inflation towards the end of the review period, resulting in elevated prices of goods and services, consumers became increasingly price conscious, supporting the second consecutive year of value growth for discounters in the UK. As…
In 2023, a year characterised by the ongoing cost-of-living crisis and high inflation, Poundland was one of the more active players in general merchandise stores in the UK, placing a strong focus on pricing and expanding its product range. In March…
In 2023, health and beauty specialists in the UK maintained its positive trajectory despite rising price sensitivity among consumers and a significant squeeze on disposable incomes. Pricing strategies, and discounted offers in particular, played an…
Home products specialists witnessed a surge in value sales in 2021, following declines due to pandemic-related restrictions. However, the channel did not return to 2019 sales levels until 2022. The cost-of-living crisis that began in 2022 and…
Despite increased competition from discounters and warehouse clubs, which offer low-cost products appealing to the elevated number of price-sensitive consumers in 2023, hypermarkets in the UK maintained positive sales growth. Amid the cost-of-living…
After a challenging 2022 due to high inflation, the emergence of the cost-of-living crisis, and additional pressure on operators due to a surge in utility prices, all of which affected the disposable incomes of local consumers and subsequently led to…
In 2023, soaring inflation rates, an ongoing cost-of-living crisis, low consumer confidence and limited spending subdued the retail industry in the UK. Consumers continued to downgrade product purchases to mitigate the negative effects of the…
Unlike larger store formats within grocery retailers, such as warehouse clubs, discounters, and hypermarkets, which have a strong focus on lower-priced products as well as the ability to limit the transfer of increased costs on to consumers, small…
Supermarkets in the UK was the only grocery retail channel in 2022 to witness value sales decline, in a year characterised by soaring food prices, skyrocketing cost of utilities, high inflation, and a cost-of-living crisis, which all contributed to a…
Vending in the UK was significantly disrupted by the pandemic as vending machines predominantly target closed sites such as academic institutions, hospitals and businesses, which also experienced a substantial decrease in footfall. The channel fully…
Apparel and footwear specialists maintained double-digit value growth in 2023, following a significant sales boom the previous year. The 2022 sales boost was attributed to this being the first full year without pandemic-related restrictions, driven…
Appliances and electronics specialists saw sales plummet in Ireland in 2023, following positive growth in 2022. This slump is attributed to consumers seeing lower spending power due to inflationary pressures and the cost-of-living crisis, whereas in…
Away-from-home tissue and hygiene in Austria registered a positive performance in current value terms in 2023, following the significant growth of the previous year. However, this was mainly due to prevailing inflationary pressures, as rising raw…
Away-from-home tissue and hygiene in Switzerland registered strong growth in 2023 with demand rising in both the public and private sectors. Many individuals are back to working in an office, even if only part-time, which contributed to the growth in…
In 2023, bags and luggage witnessed a stagnant performance in terms of value sales growth in Switzerland, coupled with a slight decline in demand. Although demand remained robust compared to pre-pandemic levels, there was a slight dip from the…
Inflationary pressures, notably in food, drove value growth in convenience retailers in 2023. Here we note the cost of everyday essentials, such as butter, milk, flour, and eggs. While this supports value sales due to the higher prices, retailers in…
Direct selling remained in a relatively steep slump in Ireland in 2023, due to strong competition from a variety of other shopping channels which offer wider ranges of goods at lower prices – both online and offline. Added to which, inflationary…
Discounters maintained growth in Ireland in 2023, thanks to offering affordable goods to price-sensitive consumers. Indeed, discounters continue to expand their ranges of products, thus, to appeal to a wider range of consumers who are seeking…
The performance of general merchandise stores in Ireland in 2023 was being supported by the positive trajectory of department stores. There was a strong rebound in department stores in 2022, following the disruptions seen during the era of the…
This briefing provides a global perspective of the key trends occurring in cities over 2018 -2023. It goes on to provide forecast data and insights for cities over 2024-2040, covering areas such as the economic, population and consumer spending…