[ RESEARCH ] UK Retail Review: Navigating the Challenges of 2023 and Anticipating 2024

As we reflect on the events of the past year, it is evident that 2023 presented numerous challenges both on a global scale and within the UK.

The economic landscape, marked by a sluggish economy, rising inflation, and widespread geopolitical instability has put significant pressure on the UK retail industry as consumers grappled with reduced disposable incomes, and retailers confront issues such as retail theft, and a rise in incidents involving violence against retail employees.

Throughout the year, Sensormatic Solutions closely analysed footfall trends, shopper sentiments, and the evolving geopolitical and retail landscape. Download this report, as Sensormatic take a deep dive into:

–  The challenges that influenced retail footfall and shopping behaviours in the UK, Europe, and worldwide during 2023

–  Key findings from Sensormatic’s shopper sentiment studies spanning from 2019 to 2023

–  Insights from industry experts anticipating developments in 2024

Download the report here.

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