The UK Department Store Retailing Market Research and Analysis Report 2016
2016 was challenging for the department store market, with growth of just 1.7%, the weakest since 2009. Growth would have eluded the channel were it not for the luxury players performance being boosted by increased tourist spending due to the weak pound. Growth over the next five years will be driven by the premium segment, while health & beauty is forecast to be best performing category as retailers exploit gifting opportunities and invest in more brand and product exclusives.
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