1. Market Research
  2. > Retail
  3. > Discount Store Market Trends
  4. > Discount Retailing in the UK | Verdict Channel Report

Discount Retailing in the UK | Verdict Channel Report

  • March 2015
  • -
  • GlobalData
  • -
  • 115 pages

Summary

Table of Contents

Search Inside

Summary
UK discounters were the winners of the downturn, with expenditure growth of 89.1% between 2010 and 2015. However, discounter volume and expenditure growth is slowing due to fewer space opportunities and attracting new shoppers becoming harder, with total market growth between 2015 and 2020 more than half that achieved between 2010 and 2015.

Key Findings
- Market issues are examined; space, impact of and to grocers, private label, multichannel and international opportunities; to inform decision making

- Use our regional and location store data to identify and invest in underserved areas of the UK and lucrative store formats

- Choose which product sectors to prioritise and grow based on 2015 and 2020 sales forecasts across six key sectors.

- Use our market share data to analyse which players are struggling, enabling you to strategise for the future and gain competitive advantage.

Synopsis
The market will start to mature following rapid growth between 2005 and 2015, having won most of their new customers throughout the downturn, meaning that those who wanted to trade down will already have done so. The challenge for the discounters in the future will be in driving like-for-like sales, making professionalisation of the channel vital.

The grocers and non-fixed price discounters will capture an even bigger share of the discounters market over the next five years, with 58.2% and 27.8% shares of the overall market, respectively, in 2020. The grocers' growth is driven by Aldi, but Lidl's expansion and Netto's return to the UK market will contribute to the rise.

Consumers have traditionally favoured discounters for deals on branded goods across food and grocery and health and beauty and while these remain the largest segments driving footfall to the discounters; it is the home sectors which will make the greatest gains in the next five years, benefited by the recovery in the housing market.

Reasons To Buy
- Who are the top performing discounters in terms of UK turnover and market share, and what are their strategies?

- Will consumer preferences start to change as the economy recovers and how should discounters adapt?

- What part will inflation and volumes play in discounter growth in the next five years?

- Can ecommerce become a viable channel for discounters, and how can they achieve this?

- What UK regions remain underserved by discounters and what issues must be considered before store rollout?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Polishes in Israel

Polishes in Israel

  • $ 912
  • Industry report
  • January 2017
  • by Euromonitor International

Sales of polishes continued declining in 2016, largely due to the ongoing decreases being seen in unit prices in the category. Israeli consumers have shifted towards discounters, and the value share of ...

General Merchandise and Variety Stores, Dollar Stores, Departments Stores and Warehouse Clubs Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts: NAIC 452000

General Merchandise and Variety Stores, Dollar Stores, Departments Stores and Warehouse Clubs Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts: NAIC 452000

  • $ 1995
  • Industry report
  • October 2016
  • by Plunkett Research

General Merchandise and Variety Stores, Dollar Stores, Departments Stores and Warehouse Clubs Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2023, NAIC 452000 ...

Dollar & Variety Stores in Canada - Industry Market Research Report

Dollar & Variety Stores in Canada - Industry Market Research Report

  • $ 800
  • Industry report
  • October 2016
  • by Ibisworld

Bottom dollar: Recovery in disposable income will temper demand for discount products Abstract Dollar & Variety Stores in Canada Operators in the Dollar and Variety Stores industry have performed well ...


Download Unlimited Documents from Trusted Public Sources

Discount Store Markets in Mexico

  • March 2017
    3 pages
  • Mexico  

    North America  

View report >

The future of the Discount Store Industry in the US and Europe

  • March 2017
    10 pages
  • Discount Store  

  • United States  

    Europe  

    United Kingdom  

View report >

Discount Store Markets in Mexico

  • January 2017
    5 pages
  • Mexico  

    North America  

View report >

Grocery Store Markets

5 months ago

Related Market Segments :

Retail
Food

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.