Gen Z
This coverage explores Gen Z’s influence on the UK retail sector, focusing on consumer behaviour, shopping preferences, and cultural trends shaping demand. Reporting examines how retailers adapt through product development, marketing strategies, digital engagement, and sustainability efforts. Tailored for professionals aiming to connect with younger consumers and anticipate emerging market dynamics.
-
Nov- 2024 -22 NovemberAnalysis
Retail insights for the Golden Quarter ahead
The Golden Quarter – November to January – remains the most critical period for UK retailers, and in 2024, the stakes are higher than ever. Consumers are still risk-averse in the run-up to Christmas, but coupled with the rise of social commerce and growing sustainability concerns, you get both challenges…
Read More » -
18 NovemberNews
Gen Z market a ‘massive but time-sensitive opportunity’ for health and fitness brands, UNiDAYS finds
As we approach the new year, health and fitness brands have a compelling and urgent opportunity to engage the notoriously discerning Gen Z demographic. The latest Health and Fitness Report from UNiDAYS reveals that nearly one in five students are determined to get fit in January. Almost half (44%) intend…
Read More » -
Oct- 2024 -21 OctoberClothing & Shoes
UK serial returners to drive £6.6bn in online returns in 2024
The retail sector is currently seeing a surge in the number of ‘serial returns’, with an estimated £6.6bn of online returns in 2024, according to the Annual Returns Benchmark Report 2024 conducted by returns specialists ZigZag, in partnership with Retail Economics. The report stated that serial returners, accounting for one…
Read More » -
Sep- 2024 -19 SeptemberNews
Co-op rolls out 24-hr delivery service for city centre customers
Co-op has unveiled a 24-hour delivery service for customers living near city centre stores as the supermarket responds to growing demand for grocery delivery services. New research from Co-op shows that over 40% of q-comm shoppers would use a 11pm to 5am delivery service if available. This figure rises to…
Read More » -
Jun- 2024 -21 JuneNews
Today’s news in brief-21/6/24
UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to the Office for National Statistics, sales volumes rose across various sectors, with clothing retailers and furniture stores rebounding after poor weather in April. Over the three months to May 2024,…
Read More » -
21 JuneEconomy
BoE decision a ‘blow for Gen Z spending’, says RSM UK
The economic impact of high interest rates is set to hit Gen Z spending for the next 12 months, “prolonging the challenge for retailers and hospitality businesses as discretionary spend gets squeezed”, according to accountancy firm RSM. A survey of 2,000 consumers conducted on behalf of RSM UK shows Gen…
Read More » -
5 JuneHealth & Beauty
The Estée Lauder Companies completes acquisition of Deciem
The Estée Lauder Companies (ELC) has announced it has completed its acquisition of the Canadian-based, multi-brand company Deciem Beauty Group in a deal worth around $860m (£673m). ELC first invested in Deciem in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase…
Read More » -
Apr- 2024 -8 AprilAdvice
Navigating the Gen Z Shift in Retail
The retail sector has been hit by a shortage of talent and declining employee motivation over the last few years, but change is coming. By the year 2025, Gen Z will account for 27% of all employees and with that comes a different outlook. This generational shift presents both a…
Read More » -
Feb- 2024 -23 FebruaryClothing & Shoes
Zara owner expands budget brand Lefties in bid to rival Shein
Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast fashion rivals such as Shein. According to Reuters, the company is “quietly growing” its budget ranges as part of this strategy, including the expansion of Lefties, which sells €17.99 (£15)…
Read More » -
8 FebruaryHealth & Beauty
Revolution Beauty eyes £1bn sales target amid turnaround strategy
Revolution Beauty has unveiled a new turnaround strategy amid plans to target sales of £1bn by 2030. The group said its ‘Reigniting the Revolution’ strategy will aim to deliver “long-term profitable growth in an attractive global beauty market, where Revolution Beauty has significant headroom to expand”. The plan is based…
Read More »
