2024
9
UK Retail Trends – Spring 2024
2024-03-15T10:03:21+00:00
REP02C1724D_DE59_4B42_BF7C_B7E34536DBB1
2195
171593
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Report
en_GB
Confidence may be improving, but the early months of 2024 have brought more of the same for the UK retail sector, with consumer spending still curtailed.Nick Carroll, Category Director…

UK Retail Trends – Spring 2024

£ 2,195 (Excl.Tax)

Report Summary

Confidence may be improving, but the early months of 2024 have brought more of the same for the UK retail sector, with consumer spending still curtailed.

Nick Carroll, Category Director – Retail Insight

Table of Contents

  1. KEY FINDINGS

    • Graph 1: change in UK GDP (real terms), Q1-Q4 2023
    • Graph 2: the financial wellbeing index, 2018-24
    • Graph 3: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 4: all online sales, value non-seasonally adjusted, year-on-year performance, 2023-24
    • Graph 5: all grocery retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 6: all non-food store-based retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 7: shopping behaviour, 2023
  2. Market Enviroment and consumer sentiment

    • Market environment
    • Graph 8: change in UK GDP (real terms), Q1-Q4 2023
    • Graph 9: real wages growth, annual % change in wage growth vs inflation, 2018-24
    • Graph 10: "Do you think the UK cost of living crisis is….", 2024
    • Consumer sentiment
    • Graph 11: the financial wellbeing index, 2018-24
    • Graph 12: "How does your own financial situation compare to how it was a year or so ago?", 2024
    • Graph 13: the financial confidence index, 2018-24
  3. UK Retail Sales

    • Retail sales performance
    • Graph 14: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 15: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, by core category, 2023-24
    • The interplay between stores and online
    • Graph 16: all online sales, value non-seasonally adjusted, year-on-year performance, 2023-24
    • Graph 17: share of online sales, by type of retail operation, 2020-2024
    • Graph 18: estimated share of total non-food sales, store versus online and other non-store, 2022-24
  4. Grocery Shopping Behaviour

    • Graph 19: all grocery retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 20: "Price matching schemes against discount retailers have stopped me switching to discount retailers" , 2023
  5. Non-food Shopping behaviour

    • Graph 21: all non-food store-based retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Fashion
    • Graph 22: all store-based fashion retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 23: fashion behaviours engaged with in the past 12 months, 2024
    • Graph 24: "I exercise in the same sportswear that I wear on casual occasions", by age group, 2023
    • Home
    • Graph 25: all store-based household goods retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Health and beauty
    • Graph 26: all store-based health and beauty retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2023-24
    • Graph 27: shopping behaviour, 2023
  6. Launch activity and innovation

    • Special Focus: prospects for the Home market in 2024

      • Graph 28: market size for consumer trends, attitudes and spending habits for the home, 2017-23
      • Graph 29: consumer spending on the home, 2019-23
      • Graph 30: intentions to spend on the home in the next year, 2023
      • Graph 31: attitudes towards spending on the home by age, 2023
    • Further Resources

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