The retail team likes to travel around to get a feel for real consumer activity across the UK’s High Streets and shopping centres. In an increasingly online world, the team matches site visits with online engagement studies to highlight those companies that truly understand their customer.

John Stevenson joined Peel Hunt in 2008 having covered the General Retail sector for eight years at Charterhouse and Shore Capital. He qualified as a Chartered Accountant with KPMG before working in the retail sector at Matalan. He has an Economics degree from Hull University.

Jonathan Pritchard joined Peel Hunt in 2015 with over 20 years’ experience in research as a UK and European Retail Analyst. Prior to this, he was a Retail Analyst at Stifel for 10 years and has also worked at UBS Phillips and Drew and Morgan Stanley. Jonathan has a Philosophy, Politics and Economics degree from Oxford University.

Ruben Pathmanathan joined the team in March 2022. Ruben graduated from Warwick University with a degree in MORSE (Mathematics, Operational Research, Statistics and Economics). Before joining Peel Hunt Ruben was employee no1 at a social-commerce start up.


No. of companies covered
Average no. of Years’ Experience of the Team

Rabbit in the headlights

The retail sector is rooted to the spot. Share prices have
collapsed. Valuations are optically cheap. Press headlines are
increasingly terrifying but this is not a re-run of the financial crisis;
consumers are not retrenching in fear, they are facing an erosion
of spending power. Retailers’ margins will carry some of the


John Stevenson

Research analyst

Jonathan Pritchard

Research analyst

Ruben Pathmanathan

Research analyst