Spotlight: UK Leisure – 2024
Contains 6 articles"Leisure spending has seen a continued uptick in performance over the last 12 months, in spite of consumer belt-tightening and cost of living increases"
Food and beverage
Tagged Articles
Lucky Seven – Retail & leisure occupational trends 2024
"As we head into 2024, Savills retail and leisure team ponder the key growth sectors to watch out for in the year ahead"
The opportunity for operators
"What does this mean for F&B and leisure operators looking to new international markets for expansion opportunities?"
What makes an attractive leisure city?
"From city scale to international visitor appeal, we explore the factors that make cities attractive for leisure investment"
Occupational market: food and beverage
"Despite the food and beverage sector seeing some improvement in consumer engagement and operator acquisitions in town and city centres, it is regional locations that have seen a significant uptick in fortunes, allowing businesses to return to profit"
Germany: Most brands have chosen to err on the side of caution amidst the pandemic
"With a significant pandemic-related improvement in trading results across all major foodstore operators, there has perhaps surprisingly been little acquisition activity from the top 10 retailer operators"
The impact of changing consumer habits on foodstore operators’ space requirements
"Rising volume of online orders is forcing foodstore operators to rethink their property strategies and to rebalance their retail and warehousing space accordingly"
Italy: Domestic brands dominate the market, giving them the confidence to expand as performance improves
"In a market where online grocery provision is less mature than in other European countries, it is the domestic operators with the confidence to grow, whilst the international brands take stock and rationalise"
United Kingdom: Strong occupational growth set to continue
"With a significant pandemic-related uptick in grocery spending, strong annual portfolio growth is set to continue, particularly from the value-orientated brands"
Spain: Mercadona remains dominant in the market in what has been a positive year for all foodstore operators
"Pandemic-related uptick in trading results has been felt across all brands and sectors; however, independent retail operators have gained traction in the market in a year where consumers have stayed at home and increased their local grocery consumption"
.jpg)