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Department Stores in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Department Stores Market Research Report | SIC G47.190 | Jun 2016

Growth in store: As industry operators embrace e-commerce, revenue is set to expand moderately

IBISWorld’s Department Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Debenhams Debenhams market share
John Lewis John Lewis market share
Marks & Spencer Marks & Spencer market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Despite strong competition from online-only retailers, as well as volatile trading conditions and widespread discounting, the industry has performed relatively well, recording growth in each of the past four years. At the start of the five years through 2016-17, the industry had to contend with the lingering effects of the economic downturn. However, the industry as a whole continued to grow throughout this period. Consumer confidence rebounded and economic conditions improved strongly from 2013-14 onwards, much to the benefit of department stores. However, the industry has continues to face intense external competition from online-only retailers and the expansion of supermarkets into non-food items... purchase to read more

Industry Report - Industry Analysis Chapter

The Department Stores industry has encountered a number of difficulties over the past five years. The lingering effects of the economic downturn at the start of the five-year period through 2016-17 changed the behaviour of consumers. Following the onset of the recession, consumer confidence and disposable incomes declined, forcing consumers to cut back on their discretionary spending. This change badly affected the retail sector and department stores were forced to adapt in order to secure revenue growth. Retailers slashed their prices to maintain consumer interest, which damaged profit margins. However, since 2013-14 economic conditions have improved. Over the five years through 2016-17, industry revenue is forecast to increase at a compound annual rate of 0.8% to reach £17.9 bi.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Department Stores Industry?

Department stores retail a wide range of general merchandise, including clothing, household appliances, toys, games, personal-care products and garden equipment. Non-specialised stores that primarily sell food are classified as supermarkets and are not included in the industry.

Industry Products
ClothingFoodAccessoriesHealth and beauty productsHousehold items and furnitureGames and toysElectricalsBooks and all other products
Industry Activities
General merchandise retailingClothing retailingFood retailingHousehold goods retailingGame and toy retailingConsumer electronics retailingPersonal-care product retailing

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