Economic and Retail Market Update - Q4 2018 Profiling Key Players like Tesco, Aldi, ASDA, ASOS, B&M, B&Q, boohoo, Cult Beauty, DFS, Home Bargains, Homebase, Lidl, lookfantastic, Morrisons, Sainsbury's, Toys R Us

The UK "Economic & Retail Update-Q4 2018", report offers comprehensive insight and analysis of the UK economy and retail environment (including forecasts up to 2023). It provides in-depth analysis of the following: the key issues regarding the UK economy (including CPI, unemployment rate and etc.), and the key issues regarding the UK retail market (including online, offline and non-food markets).

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Scope

-The Budget announced a rise in both the National Living Wage and the non-taxable personal allowance threshold, which will provide consumers with additional funds in 2019. However, the impact of a negative outcome of the Brexit negotiations would more than offset any potential gain.
-The anticipated rise in food prices in 2019 and continued pressure on consumer funds will see food & groceries' share of the retail market increase 0.1ppts per year out to 2023.
-Health & beauty continues to lead retail in terms of growth, with cosmetics, skincare and OTC medicines the sub-sectors of highest growth. Non-specialists, such as the grocers, are looking to capitalise on this.
-The continued physical expansion of the discounters, particularly Aldi and B&M, will turn negative offline growth in 2018 positive in 2019. These retailers have indentified large-store locations vacated by retailers such as Homebase and Toys R Us as potential sites for future stores.

Reasons to buy

-Understand how announcements in the October 2018 Budget will impact retail, so you can prepare for changes in spend patterns as taxation and the personal allowance threshold changes
-Learn about the interaction between unemployment and real wage growth, and how you will need to become more competitive with respect to recruitment
-See how consumers' future sentiment is changing, allowing you to better prepare for upcoming macroeconomic uncertainty
-Comprehend the importance of the online channel within different retail sectors, enabling you to create effective long-term strategies in this burgeoning market.

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This release was published on openPR.