The UK Retail Ranking report provides the most current and comprehensive analysis of the UK Retail Market, focusing on sale densities, performance and innovations of leading retailers and categories within the UK retail market during the 2020/21 financial year. Mintel’s UK Retail Ranking report explores 2020/21 contextual information and discusses the impact on market size, market forecast, market segmentation and industry trends for the Retail Market in the UK.
Even in a restriction-free environment, the scars from COVID-19 are still present. The start of 2022 signalled the first full year of unrestricted trade since the pandemic began in 2020. After online claimed the majority of non-food demand in Q4 2020 and Q1 2021, some rebalancing has already started, with more demand returning to physical stores. While we may be in a restriction-free market, behaviours engrained over the past two years will take time to ease or could even remain engrained.
The income squeeze will likely cause permanent closures in the retail sector since consumers are facing a multitude of pressures on spending in 2022. The combination of rapidly rising inflation, national insurance and interest rates will naturally cause consumers to cut back or be more cautious with their retail spending habits in 2022.
Read on to discover more details or take a look at all of our UK Retail market research.
Categories: Books, News and Stationery, Carpet, Charities, Clothing, DIY, Electrical and Telecom, Food, Footwear, Furniture and Homeware, Garden Centres, Health and Beauty, Home Shopping, Jewellery, Mixed Goods, Opticians, Recreation, Supermarkets and Convenience Stores, Miscellaneous.
Brands: WH Smiths, Waterstones, Card Factory, Clintons Cards, The Works Stores, Carpetright, Tapi Carpets & Floors, United Carpets, Wilsons Furnishers, Calverts Carpets, Cancer Research, Oxfam, British Heart Foundation, Next Group, Primark, TJX (TK Maxx), Marks & Spencer, Arcadia Group, ASOS, H&M, Boohoo.com, Kingfisher (B&Q, Screwfix), Topps Tiles, Homebase, C Brewer, Wickes, Currys, Three UK Retail, Vodafone, o2, Euronics, Greggs Plc, Holland & Barrett, Thorntons, Cook Trading, Hotel Chocolat, Majestic Wine Group, Berry Brs and Rudd, Jeroboams Shops, Tanners Wines, Oddbins, C&J Clark, Kurt Geiger, Office Holdings, Footasylum, Schuh, IKEA, Nobia, Wren Kitchens, Dunelm, DFS, Dobbies, Notcutts, Woodthorpe Hall, Klondyke, Blue Diamond, Boots, A.S. Watson, Well, L Rowland, Lloyds Pharmacy, Amazon, eBay, Very Group, Ocado, AO, Watches of Switzerland, Pandora, Signet Group, Tiffany & Co, Beaverbrooks, Halfords, Pets at Home, Speedy Hire Centres, Dufry, HSS, Argos, B&M, TJ Moris, The Range, Poundland, Harrods, Selfridges, John Lewis, Frasers, Boots Opticians, Specsavers, Vision Express, Optical Express, David Clulow, Leightons, Black & Lizars, JD Sports Fashion, Sports Direct, Smyths Toys, Mountain Warehouse, Decathlon, Tesco, J Sainsbury’s, Asda Group, Morrisons, Aldi, Lidl, Waitrose.
This report, written by Neil Mason, a leading senior analyst in the Retail sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
“The 2022 Retail Rankings covers the period that the retail sector battled with trading through the peak of the pandemic. The combination of the online channel giving continued access to consumers and governmental support mitigated the full brunt of the pandemic for retailers. Indeed those businesses that failed largely did so due to COVID-19 and its repercussions exacerbating pre-existing underlying issues. Although we now enter a ‘restriction-less’ environment, the removal of support combined with the income squeeze and greater competition for spending make the market no-less difficult for retailers to navigate.”
Neil Mason
Retail Category Director
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