Abstract
Introduction
This report examines the latest developments in out-of-town retail. It details
out-of-town market sizes and trends, with five year forecasts, profiles key
retailers in the sector and provides comprehensive analysis of the key issues.
Scope of this research
- Analysis of the out-of-town market and the major out-of-town retail
sectors and key players.
- Insight into the key retail issues currently influencing the UK
out-of-town sector.
- A comparison of the leading 12 UK out-of-town retailers' performance.
- A five year out-of-town market value and growth forecast including
detailed analysis and future outlook.
Research and analysis highlights
Out-of-town as a location is set to grow its share of total retail spend over
the next five years. As the recession has taken hold, the high proportion of
non-discretionary food and general merchandise stores out-of-town has seen it
perform resiliently compared to more discretionary and wants spend orientated
town centres.
The big four grocers continue to extend their dominance of the location, with
the grocery sector as a whole accounting for 70.9% of all out-of-town sales in
2009. Food & grocery was easily the fastest growing sector in both 2008 and
2009, boosted substantially by food price inflation and the grocers further
expanding their non-food operations.
Casualties and the slowing store expansion of the major players out-of-town
are creating opportunities for others, with spiralling vacancy rates
pressurising landlords into offering attractive deals on properties. These new
and expanding players will help revive the market.
Key reasons to purchase this research
- Identify the impact the recession and deterioration of home-related
sectors are having on out-of-town retailing.
- Gauge how out-of-town is performing compared with other locations: Is
space performing better out-of-town? Are margins better out-of-town?
- Is out-of-town a profitable location? Will locating there help increase
market share? Help your business? What are the possible risks/rewards?
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