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High Street Retail in Spain

Research Spain – 2021

Report

Reihe: Savills Research

Anbieter: Savills

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  • Erscheinungsdatum : 29.07.2021
  • Seiten : 15 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 6,79 MB
  • Sprache(n) : Englisch

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Inhalt

COVID-19 has greatly impacted the high street retail sector. Lockdown measures have forced many retailers to close shops and rethink brand strategy.

Meanwhile, some retailers have seen opportunity in this climate. Multinational and smaller-scale brands have set up shop benefitting from rental conditions such as more affordable rates, stepped rents and the willingness of owners to be more flexible and negotiate terms. Supermarkets have been the most resilient segment within retail.

In fact, while most retail activities have declined in the past year, in terms of sales and number of stores, supermarkets have grown in both areas. Also noteworthy is the favourable performance of the homeware sector with a very pronounced growth in sales from June onwards.

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