INSIGHT

Retail snapshot

March 2022

Our Retail snapshot for March 2022 shines a light on the recent trends within the sector and what factors have had the biggest impact on results. We also look at the new trends emerging and shaping the retail landscape.

Although Omicron continued to impact the UK economy during January, typically one of the worst trading months for retail, sales values were almost 12% higher than they were in January 2021. Retail rental growth in February remains in negative territory for almost all retail segments and rental values on retail warehouses grew marginally in February.

Ikea launched a new cashless small store format in Hammersmith and Amazon has announced it will launch its first fashion store, in Los Angeles, in 2022.

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Shopping centres

VACANCY RATES

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High Street

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Retail Parks

OVERVIEW

Retail sales and results

The latest retail sales and performance related data about consumers and retailers.

Property data

The latest property information and data relating to the retail property sector.

New formats

Interesting new formats both from the UK and across the globe.

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This report has been prepared by Avison Young for general information purposes only. Whilst Avison Young endeavours to ensure that the information in this report is correct it does not warrant completeness or accuracy. You should not rely on it without seeking professional advice. Avison Young assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this report. To the maximum extent permitted by law and without limitation Avison Young excludes all representations, warranties and conditions relating to this report and the use of this report. All intellectual property rights are reserved and prior written permission is required from Avison Young to reproduce material contained in this report.