Competition amongst the various sales channels is intensifying, with town centres losing out to online and out-of-town. Over the last 10 years, town centres have faced increased levels of competition from out-of-town and non-store retailing. While town centre sales increased by 30.8% between 1997 and 2007, out-of-town stormed ahead with sales up by 73.0% and non-store retailing grew by a phenomenal 141.0%. UK Town Centre Retailing 2008 is a new report published by Verdict Research that examines the detailed key trends and future developments in UK town centre retail and insight into the major issues that retailers are facing. It provides in-depth analysis of the main operators in the town centre, and also looks at the UK’s leading town centres locations. It also reviews the pipeline of new shopping centre development, which remains the key driver of sales growth in the town centre over the next 5 years.
Published: September 2008 - UK. |
