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Retail Development Market Assessment

  • ID: 3829
  • January 2001
  • Region: United Kingdom
  • Key Note Ltd
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Building upon the success of its 1999 report on Out-Of-Town Shopping, Key Note has produced a second Market Assessment report on retail development, covering both the town-centre and out-of-town sectors, with a view to investigating the factors which will shape the future of the retail market. Out-of-town centres are generally recognised as having been introduced to the UK market in the mid-1970s, although some sources believe this to be earlier, depending upon definition of shopping centre size and location. The out-of-town market in this report is taken to include non-town-centre shopping centres, retail parks and factory outlets, although some of the latter may be located close to a town centre.

Since the introduction of Planning Policy Guideline PPG6, issued in 1996, there has been a shift in policy towards town-centre developments. This has been led by both social and environmental concerns about sustaining the vitality of town centres and ideally promoting the usage of forms of transport other than the car. Consequently, town centres accounted for all scheduled shopping centre openings towards the end of 2000, and this looks set to continue into the foreseeable future.

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