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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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
Revenue
£18bn
Annual Growth 12-17
0.8%
Annual Growth 17-22
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Profit
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Employment
130,543
Businesses
104
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 - Starting a New Business Chapter

The Department Stores industry has high barriers to entry. Although it is relatively easy to open a discount variety store, department stores are not easy to set up. Renting a large building, obtaining fixtures and fittings and hiring workers make set-up costs quite high. With such prohibitive start-up costs, entering the industry is not easy.

The location of a store can make or break a business in the industry. To be successful, a new entrant would need at least one high-street shop and rental prices in those locations are quite expensive. Acquiring stock could prove difficult for potential entrants. The established players in the industry have access to economies of scale and can pay lower prices because they purchase products in bulk. Ret.. 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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