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United Kingdom Retail Construction and Refurbishment Market Report 2015-2019


News provided by

Research and Markets

20 Jan, 2016, 10:10 GMT

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Research and Markets Logo. (PRNewsFoto/PR NEWSWIRE EUROPE)

DUBLIN, January 20, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/8grm5q/retail) has announced the addition of the "Retail Construction and Refurbishment Market Report - UK 2015-2019 Analysis" report to their offering. 

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The report focuses on key trends, challenges and opportunities facing the retail industry, which should be of particular interest to retailers, supply chains and construction professionals involved in the commercial retail sector. 

Total UK retail sales have been boosted by an increase in online sales in recent years and the industry has performed strongly to date in 2015, with food sales generally buoyant. In addition, returning consumer confidence has underpinned increasing big ticket, non-essential purchases. Retail construction output saw a return to growth in 2013 driven by a slight uplift in consumer confidence, followed by a 2% increase in 2014 as positive factors such as low inflation and interest rates, rising real incomes and positive house price growth continued to support the market. 

Retail construction, whilst challenging for the contractor and offering slim margins, does offer repeated high volumes of work, especially in the grocery sector. Sectors such as food retail where capital expenditure has remained relatively strong so far have been areas offering opportunities for contractors throughout the downturn, which helped to maintain order books and work pipelines. However, the retail market continues to be driven by structural changes due to the growth of online shopping. Profit margins for traditional retailers continue to be squeezed by non-store and online sales, rapidly changing consumer habits and intense competition from discounters such as Aldi and Lidl. 

Key issues covered: 

- Current and future strategies of major grocery groups - current and projected store portfolios. 
- Analysis of the non-food multiples and major department store chains, together with current and projected store portfolios. 
- Detailed assessment of retail new build construction output and RMI and shopfitting, together with opportunities and forecasts for growth over the next few years. 
- Construction supply in the retail sector - key construction companies, contractors and shopfitters, contractor profiles; leading developers and current property portfolios and development plans. 

Key areas of insight include: 

- Key drivers of change in the retail sector - including areas such as convenience and online - key areas of opportunity for contractors. 
- Rise in online shopping and changes of strategy of major supermarkets/discounters - impact on retail construction, with lower value contracts now a key feature of the market. 
- Era of the "space race" to open large supermarkets has now come to an end - focus now on convenience stores and infrastructure to support online services. 
- Trend among retailers to make the most of existing stores through refurbishment and refreshing existing portfolios rather than adding new space. 
- Analysis of key issues affecting the retail sector including the planning system and change of use legislation as they affect retail development; growing importance of sustainability, and growth of smart-phone and application technology. 

Key Topics Covered: 

1. Introduction 

2. Summary and Future Prospects 

3. Economic Environment Updated 01/10/15 

4. Retail Construction and Refurbishment 

5. Issues Affecting Retail Construction 

6. the Retail Market In the UK 

7. Construction Supply In the Retail Sector 

Companies Mentioned 

- BAM Construction 
- Bowmer & Kirkland 
- Havelock Europa 
- Interior Services Group plc (ISG) 
- Kier 
- Mace 
- McLaren Group 
- McLaughlin & Harvey 
- Midas Group 
- Morris and Spottiswood 
- Simons Group 
- Styles & Wood 
- Vinci 
- Wates Group 

For more information visit http://www.researchandmarkets.com/research/8grm5q/retail

About Research and Markets:    

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact
Laura Wood
+353-1-481-1716
press@researchandmarkets.net

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