Abstract
Overview
Introduction
Covering retailers based on high streets and in shopping centres, this report
identifies and analyses current and future town centre retail issues. It
includes data and trends for town centre retailing as a whole and for types of
retailer over the last 10 years and forecasts for the next five years. It also
ranks the Top 10 UK town centres.
Scope
- Market value and growth, space, sales densities and store numbers
1997-2007 with forecasts to 2012 for town centre retailing
- Key retailers' share of town centre retailing, a comparison of the top 12
town centre retailers and the top 10 town centres
- Analysis and opinion of the key issues affecting town centre retailing and
comprehensive analysis of shopping centre development pipeline 2007-2012
Report Highlights
As a mature channel town centre retailing is one of the worst hit victims of
the consumer spending downturn. Competition amongst the various sales channels
is intensifying, with town centres losing out to online and out-of-town. Over
the last decade, town centres have seen store numbers fall by 7.9% and sales
growth has been sluggish.
2008 will see the beginnings of a huge oversupply of space in Town centres.
Sales densities are set to plummet and new stores will cannibalise sales of
existing ones. Occupancy rates at new shopping centre developments are likely
to be high, but slowing growth in spending will likely result in higher
vacancy rates in older high streets.
Liverpool and Leicester are the big winners in this year' s Top 10 shopping
destinations, while Gateshead Metro centre retains its place as the UK' s
biggest covered mall. Bluewater suffers the largest fall in this years top 10.
Reasons to Purchase
- Identify the leading town centre retailers, the key issues they face and
their recent and future expansion plans.
- Track town centre' s retail performance as a whole, or by individual sector
both over the last decade and its likely performance moving forward.
- Identify which areas of the UK are set for development of their retail
propositions and how they are likely to fare.