- Retail construction output has grown by 14% since 2012 as levels of consumer confidence and spending have begun to recover.
- The expansion of the grocery sector into “convenience” retailing has meant the construction focus has changed from large-scale new build, to smaller refurbishment projects.
- Discount food retailers are estimated to account for around 7% of the supermarkets and superstores sector, with the leading organisations having significant development pipelines.
- In the non-food sector, retailing is dominated by large multiple store chains who currently account for an estimated three quarters of annual sales.
- Retail construction, whilst challenging for the contractor and only offering slim margins, does offer repeated high volumes of work – especially the grocery sector.
These facts have been extracted from AMA Research's report 'Retail Construction and Refurbishment Market Report - UK 2015-2019 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.