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Shopping Centre and High Street Spotlight

UK Commercial – Q4 2020

Report

Autoren: Mat Oakley , Marie Hickey , Josh Arnold

Reihe: Savills Spotlight

Anbieter: Savills

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  • Erscheinungsweise: Quartalsweise
  • Berichtszeitraum: 4. Quartal 2020
  • Erscheinungsdatum : 10.02.2021
  • Seiten : 6 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 658,11 kB
  • Sprache(n) : Englisch

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Inhalt

UK RETAIL CONSUMER AND OCCUPATIONAL TRENDS

Early footfall improvements in December were quickly reversed with the introduction of new tiered restrictions, damaging in-store sales once again. Christmas trading results were therefore very mixed, with total retail sales down -0.8% on average, compared to the +5.1% growth recorded in 2019. It's worth noting that fewer retailers reported full Christmas trading updates this year, however, a deeper dive into the individual statements reveals some interesting trends.

Sales growth through online channels averaged 66.5% this Christmas compared to an average in-store decline of –30.1%, for those retailers that report a breakdown. As a result, online sales penetration has continued to reach new heights, accounting for a 31.9% share of total UK retail sales in Q4 2020.


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