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Stephen Springham

Partner, Head of UK Markets

Global Headquarters, GB

About
Stephen has more than 20 years’ experience working exclusively in the retail sector, in a research, analysis and consulting capacity. He has a uniquely ‘holistic’ view of retail, having worked for an array of employers with varying focuses on the retail sector – Retail Analysis, Strategic/Management Consultancy, M&A/Due Diligence, Equity Performance, Accountancy and Property. His initial focus was on retail occupier markets, working as a retail analyst and developing a deep understanding of key drivers and performance of consumer and retail markets. For the last 15 years, he had specialised in retail property, initially working as a Retail Consultant for Experian and subsequently as Head of Retail Research for the property advisor King Sturge ﴾transferring to the role of Director of Retail Research at Jones Lang LaSalle following the two companies’ merger in 2011﴿. He joined Knight Frank’s Retail Team in April 2015 to head up and drive the Retail Research function.
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Latest research

The Retail Note - Retail Renaissance 2026: Tough at the Top

This week’s Retail Note showcases Knight Frank’s ‘Retail Renaissance 2026’ series of six Research Papers, which explore key themes that are defining the retail landscape now and will continue to play out going forward.

16 October 2026

Retail Renaissance 2026

The first of six papers exploring key themes that are defining the Retail landscape and will play out going forward.

07 October 2026

The Retail Note - Retail sales: the heat was on

This week’s Retail Note focuses on the July retail sales figures from the ONS, which showed an inevitable slowdown, but were by no means bad.

21 August 2026

UK Retail Sales Dashboard

A monthly overview of UK retail sales performance, including key metrics on core sub-sectors, and ecommerce.

21 August 2026

Retail Renaissance: Business rates - making the inequitable palatable

Business rates is a money-spinner, but levelling the playing field is complex as it can impact both online and high street retailers.

10 August 2026

Retail Renaissance: The high street - never say never again

The fifth paper in the series explores how the high street has gained new interest from investors, with a new approach to retail at play.

06 August 2026

Central London Retail Market Dashboard

A concise quarterly update on key data and current market sentiment.

03 August 2026

Retail Warehousing Dashboard

A concise quarterly synopsis of activity in the UK retail warehousing market.

03 August 2026

Retail Renaissance: What happened to intu?

The success of regional shopping centres and intu - a case study in why it's important to separate assets from corporate failure.

03 August 2026

Retail Monitor

The Knight Frank Retail Monitor provides a quarterly update on key data across all retail sub-sectors and current market sentiment.

27 July 2026

The Retail Note - Retail sales: World Cup winning?

This week’s Retail Note focuses on the June retail sales figures from the ONS, which were off-the-charts good.

24 July 2026

The Retail Note - Retail Investment: the best offence is defence

This week’s Retail Note showcases Knight Frank’s H1 2026 Retail Investment Update, which explores Retail real estate capital market performance and trends in the first half of the year.

17 July 2026

Retail Renaissance: Is the UK retail warehousing market heading towards a supply crisis?

The UK retail warehousing market faces supply pressures as vacancy rates hit new lows and development struggles to keep pace with demand.

14 July 2026

Retail Renaissance: Store wars - a new hope

In paper 2 of the Retail Renaissance, the high street is gaining new momentum as retailers go back to basics.

07 July 2026

Retail Renaissance: Death of online?

Explore how multi-channel retailers have caught up with pure-play online retailers, signalling the end of exponential online retail growth.

29 June 2026

The Retail Note - Retail sales: they’re coming home

This week’s Retail Note focuses on the May retail sales figures from the ONS, which were as strong as expected.

19 June 2026

The Retail Note - Retail sales: a yoyo rather than a no-no

This week’s Retail Note focuses on the April retail sales figures from the ONS, which were not as weak as has been reported.

22 May 2026

What the ban on upwards-only rent reviews means for the retail sector

The ‘trodden path’ view: how retail has evolved beyond UORRs and why new policy impacts may be limited

06 May 2026

The Retail Note - Retail sales: spend baby spend

This week’s Retail Note focuses on the March retail sales figures from the ONS, which defied all expectations.

24 April 2026

The Retail Note - Retail sales: more of the same

This week’s Retail Note focuses on the February retail sales figures from the ONS, which were strong but predate events in the Middle East.

27 March 2026

The Retail Note - Retail sales: broken clock syndrome

This week’s Retail Note focuses on the January retail sales figures from the ONS, which were incredibly strong in every sense of the expression.

20 February 2026

The Retail Note - Retail – outperforming the economy (again)

This week’s Retail Note analyses the full year retail sales figures from the ONS and explores why they deviate from 1. The wider economy and 2. The narrative.

30 January 2026

Annual UK Retail Sales Dashboard

An annual overview of UK retail sales performance, including key metrics on core sub-sectors, and ecommerce

30 January 2026

The Retail Note - Xmas 2025: narrative vs numbers

This week’s Retail Note analyses the official retail sales figures for December from the ONS, which were stronger than anyone predicted, but are somehow being construed as being negative.

23 January 2026

See more