Leading department store retailers in the UK 2012-2017, by market share

Department stores in the UK are the lifeblood of high street retail. In 2017, department store retail sales in the UK were recorded at 34.5 billion British pounds. As shown in the present statistic, a quarter of this market was dominated by John Lewis in 2017 with Marks & Spencer coming up close at 23.3 percent.

John Lewis takes the lead

The change in the market share figures of department store retail in 2012 and 2017 tells us two different stories. On one hand, the upward trend in the annual sales revenue of John Lewis is indicative of the retailer’s lead in the department store market. Similarly, a performance drop in Marks & Spencer’s clothing and home revenue for this period helps explain the retailer’s being relegated to second place in 2017.

High Street in decline

On the other hand, the decline experienced by department store retailers like M&S, Debenhams and House of Fraser points towards the fact that department stores are burdened by a struggling high street. Indeed, from 2013 to the first half of 2018, the high street was increasingly plagued by closures, with the gap between store openings and closures widening.

Leading department stores in the United Kingdom (UK) in 2012 and 2017, by share of the market

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Source

Release date

October 2017

Region

United Kingdom

Survey time period

2012 and 2017

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Statistics on "Department Stores in the United Kingdom (UK)"

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