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"The UK leisure market enters 2026 with a blend of opportunity and uncertainty. Businesses that remain agile in pricing, invest selectively, improve operational efficiency and strengthen the quality and distinctiveness of their offer will be best placed to navigate the evolving market landscape."
"Divergence between consumer and occupier confidence emerged in 2025 as occupiers continue to take a longer-term view"
"Europe’s grocery market adapts to convenience, disciplined value, and the cost of protecting consumers."
"From downsizing legacy assets to rolling out urban formats, retailers chase proximity, speed and low‑friction shopping."
"Lean operators squeeze from below as discounters expand, testing the resilience of Europe’s grocery incumbents."
"Europe’s digital grocery future is built on bricks and mortar, with stores acting as the backbone for fulfilment, last‑mile efficiency and profitable omnichannel growth."
"Automation streamlines, but compliance embeds long‑term capital costs into the grocery model."
"Margin pressure and rising capex push grocers toward M&A, buybacks and portfolio rationalisation."
"Portfolio scale, North American capital and balance sheet recycling inject liquidity."
"Europe’s grocery sector will remain resilient, but growth is modest — leaving cost discipline, format agility and balance‑sheet strength as the key drivers of outperformance."
.jpg "Savills Research")