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UK Town Centre Retailing 2008 (Verdict Research)
- Market: Retail
- Published Date: 05/09/2008
- Report Title: UK Town Centre Retailing 2008
- Table of Contents: View Table of Contents
- Report Type: Market Report
- Country: UK
- Number of Pages: 204
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
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 year's 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.
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
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 year's 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.
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