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KPMG: 2023 UK retail sector trends & forecast

At the start of March, Paul Martin (Global Retail Lead & UK Head of Retail at KPMG) kindly joined me for a video interview to talk about the trends of the UK retail sector since we last discussed the topic in early 2022. In this interview, Paul and I looked back at how the UK retail sector fared in 2022, amid a number of unique market challenges. We also discussed the main category movements witnessed so far in 2023, and provided a forecast for the next 12 months of trading!

Watch the full interview below:

Key Takeaways

2022 Recap:

  • Following a positive 2021 Christmas period, 2022 started strongly for the UK retail sector, resulting in some of the best trading results KPMG had ever seen for January/ early February!

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