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GB Retail in the Regions 2010 London
Verdict Research Limited, Dec 2010, Pages: 31
This report provides detailed ranking and information on the Top 100 GB towns and shopping centres, providing shopping populations, vacancy rates, sizes and more. Moreover, it includes data and trends for town centre retailing as a whole and by sector over the last 10 years and forecasts for the next five years, as well as comprehensive analysis of current and future town centre retail issues.
Scope
- Market value and growth, space, sales densities and store numbers 2000-2011 with forecasts to 2014 - Comprehensive analysis of the pipeline of all shopping centre developments over 25,000 sq m due to open 2010-2017 - Review of performance of recently opened shopping centres, such as Union Square, Aberdeen and The rock, Bury - Analysis of top 100 GB shopping destinations by 12 criteria including vacancy rates, size, proportion of AB shoppers and size of shopping population
Highlights
The role of the town centre is set to change, moving away from a predominantly retail channel to a more leisure-based centre. Coffee houses and restaurants are taking up a greater proportion of space in the town centre as they have the resources to continue growth.
Sales through town centres grew by just 0.2% in 2010, underperforming out-of-town and non-store retail, which both achieved significant uplifts. While out-of-town increased by 1.6%, non-store sales achieved exceptional growth, up by 10.4%. Town centre is less convenient and more exposed to discretionary sectors.
London continues to benefit from its sheer size, impressive retail mix and high proportion of affluent AB shoppers, with a weak pound also helping to drive higher levels of tourism. Despite Scotland suffering, Glasgow has continued to draw in shoppers and retailers at the expense of other locations.
Reasons to Purchase
- What are the leading town centre locations and how they are performing relatively to each other and their own history? - How are town centres performing as a whole and by specific retail sectors, both historically and moving forward? - Which areas of the UK are set for development of their retail propositions and how are they likely to fare?
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