Abstract
Mintel' s annual review of all major retailers and retail categories highlights performance trends within and between categories. Its key objective is to assess retailers' responses to the prevailing market conditions as the industry faces another difficult year.
The report focuses on the following key factors affecting the structure, composition and prospects of the UK retail industry:
- Retail sales growth forecast to be modest in 2008.
- Costs, especially occupancy and energy costs, continue to rise
- Ongoing change in shopping habits as online takes greater prominence in shopping repertoires.
- Food versus non-food sector battle is entering a new phase as grocers develop online non-food sales, especially in clothing.
- Sharper focus of media attention and consumer interest in greener and more ethical consumerism.
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