Market Insights
Fri, 18/10/2019 - 12:00

Retail Market Focus Q3 2019

Our retail report provides an update on the UK consumer, plus an overview of the current occupational dynamics and investment markets.

  • Retail Economy: Amid economic and political uncertainty, retail sales are holding up better than expected, rising by an average of 3.0% year-on-year over Q3. The UK’s tight labour market is driving real wage growth, supporting consumer spending.
  • Occupier Trends: The retail market continues to face headwinds as occupiers grapple with rising overheads, falling footfall and shifting consumer preferences. Retailers that offer a customer-centric approach with a clear focus on store experience, e-commerce and supply chain execution are best positioned.
  • Investment: Investment into the UK retail market totalled £1.03bn over Q3. This was down 26.4% on Q2, and 15.5% year-on-year.

 

Click to read UK Retail Focus Q3 2019
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