A Guide to the Food and Grocery Retail Sector
- Price: £11.99
- Published: June 2014
- Type: UK Market Synopsis
- Format: PDF
- How is the industry structured?
- How are the key sub-sectors performing?
- What are the key consumer trends?
- What external factors are affecting the sector?
- Regulation and support
- Sources of further information
This market synopsis examines the trends and market developments affecting the food and grocery retail sector in the UK. It provides information targeted specifically at new, existing or aspiring small business owners who are aiming to trade or develop their interests within this sector.
The food and grocery retail sector is undergoing a shift away from the dominance of traditional supermarkets and towards local convenience stores, online shopping and discounters. This change is largely being driven by changing consumer behaviour, as pressure on household budgets and busier lifestyles prompt shoppers to use a mixture of different retail channels to purchase their groceries, rather than remaining loyal to one operator.
This trend could provide opportunities for new start ups and independent retailers to pick up a share of the market, although competition in each of these categories is fierce. This synopsis provides an up-to-date picture of the industry, with information about the most important consumer trends, patterns in demand and external factors affecting food and grocery retailers.
Wherever possible, this synopsis has been compiled from sources of information that can be accessed online to enable users to conduct further research of their own. These include industry and national press sources, Government research, company reports, market reports, and trade bodies.