The UK department store sector has been through a period of change since the millennium from exits and consolidation. It now faces further contraction as the non-food sector suffers during the recession. The sector is set to increase its floorspace by 5.6%, but this extra capacity is coming into a market with consumer demand in steep decline. As a result, average sales densities per square foot will decline, putting operating profit margins under severe pressure, just one of the factors that will affect profitability in the sector. UK Department Stores 2009 is a new report published by Verdict Research that provides a comprehensive analysis of the market and supplies an extensive range of key data and metrics essential for participants to fully understand the dynamics of the market and form winning strategies.
Published: May 2009 - UK. |
