2023
9
UK Retail Trends – Winter 2023
2024-01-16T18:00:55+00:00
REP7AAE95E3_152A_48E3_8756_7DC4999350E8
2195
169661
[{"name":"Retail","url":"https:\/\/store.mintel.com\/industries\/retail"}]
Report
en_GB
Black Friday's distorting power was amplified in a period where shoppers were looking to save. However an uptick in confidence in Q4 created more opportunity and optimism for 2024.

UK Retail Trends – Winter 2023

£ 2,195 (Excl.Tax)

Description

Black Friday’s distorting power was amplified in a period where shoppers were looking to save. However an uptick in confidence in Q4 created more opportunity and optimism for 2024.

Nick Carroll, Category Director – Retail Insight

Table of Contents

  1. Key Findings

    • Graph 1: the financial wellbeing index, 2016-23
    • Graph 2: the financial confidence index, 2016-23
    • Graph 3: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 4: all online sales, value non-seasonally adjusted, year-on-year performance, 2022-23
    • Graph 5: total Black Friday purchasing, by channel, 2022-2023
    • Graph 6: all grocery retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 7: all non-food store-based retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
  2. Market environment and consumer sentiment

    • Market environment
    • Graph 8: CPI inflation rate, 2022-23
    • Graph 9: inflation, overall index (CPI) and core categories, 2023
    • Graph 10: real wages growth, annual % change in wage growth vs inflation, 2016-23
    • Graph 11: spending priorities if financial situation significantly, July and November 2023
    • Graph 12: “Do you think that a significant increase in interest rates would have a positive or negative impact on your financial situation?”, 2023
    • Consumer sentiment
    • Graph 13: the financial wellbeing index, 2016-23
    • Graph 14: changes in financial situation over the past year trend data, 2023
    • Graph 15: the financial confidence index, 2016-23
    • Graph 16: ‘I feel pretty confident that I’ll be OK’ in the coming year, 2019-23
  3. UK Retail Sales

    • Retail sales performance
    • Graph 17: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 18: all retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, by core category, 2023
    • The interplay between online and stores
    • Graph 19: all online sales, value non-seasonally adjusted, year-on-year performance, 2022-23
    • Graph 20: share of online sales, by type of retail operation, 2020-2023
    • Graph 21: estimated share of total non-food sales, store versus online and other non-store, 2022-23
  4. Grocery shopping behaviour

    • Graph 22: all grocery retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 23: household grocery shopping habits, 2018-23
    • Graph 24: format where the most is spent in a typical month, 2021-23
    • Graph 25: other types of grocery stores used in a typical month, 2022-23
  5. Non-food shopping behaviour

    • Graph 26: all non-food store-based retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Fashion
    • Graph 27: all store-based fashion retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 28: Mintel Fashion Tracker, personal fashion purchases in the past three months, 2022-23
    • Graph 29: Mintel Fashion Tracker, outwear purchased in the last three months, 2022-23
    • Home
    • Graph 30: all store-based household goods retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Health and beauty
    • Graph 31: all store-based health and beauty retail sales (excluding fuel), non-seasonally adjusted year-on-year performance by value and volume, 2022-23
    • Graph 32: the impact of social media on BPC, 2023
  6. Launch activity and innovation for Q3 2023

  7. Special focus: Black Friday

    • Graph 33: total Black Friday purchasing, by channel, 2021-2023
    • Graph 34: products purchased during Black Friday, 2023
    • Graph 35: retailers shopped with during Black Friday, 2022-23

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

*databooks not available with UK B2B Industry reports.

Below is a sample report, understand what you are buying.

Click to show report
2024 Sample Consumer Cover

Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.

Trusted by companies. Big and small.

Want to speak to us directly?

Contact us with your enquiry and our expert global team can help.

Get in touch