Industry Analysis & Industry Trends
Book retailers have struggled through a difficult chapter over the five years through 2014-15. With revenue expected to contract at a compound annual rate of 8% over the period, industry operators have faced a tough trading landscape. This unfortunate story is partly the result of increasing competition exerted on the industry by external operators such as supermarkets and online retailers, and the growing popularity of e-books, which are rewriting the way consumers enjoy text. The performance of book retailers has also been affected by fluctuations in the level of real household disposable income and subdued consumer confidence.
Industry revenue is expected to contract by 4.4% in 2014-15 to reach £994.6 million... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of specialised book retailers tends to follow that of general population, household income and general business activity. London is home to most book-retailing establishments with an estimated 15.5% share. In 2014-15, the regions with the highest numbers of business locations are London, the South East and the South West, which together contain 40.7% of industry establishments. Approximately 35% of the population is located in these regions, while London and the South East have the highest levels of disposable income in the United Kingdom, according to latest data from the Office for National Statistics... purchase to read more