UK: Retail Review 2022

Just as the pandemic-led disruption started to subside at the beginning of 2022, the Russian invasion of Ukraine in late February has shaken Europe, and impacted economies and societies worldwide.

For the UK, 2022 turned out to be one of the most turbulent years in post-war history, with the headlines dominated by the war in Ukraine, surging fuel and energy prices, the death of Queen Elizabeth II, and the rotation of three prime ministers in as many months. The consequential cost of living crisis has added to the pressures on everyone‘s mind.

There is no doubt, retail has also experienced a challenging year. Just as there was a sense of normality about to return post-Covid-19 in early 2022, the cost of living crisis has further impacted consumer confidence and shopper demand.

Sensormatic Solutions has been closely examining footfall trends, shopper sentiments and changes on the geopolitical and retail scene during 2022 to identify change patterns, developments and new market needs.

The report will look at:

  • How UK retailers and shoppers have responded to the challenges of 2022
  • The impact on retail footfall and shopping patterns in the UK, Europe and the rest of the World
  • Key trends and shopper considerations retailers should pay close attention to in 2023
  • … and much more

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