LEEDS, UNITED KINGDOM — (Marketwired) — 11/26/13 — has released its latest RetailVision Report of the UK retail landscape, revealing that the UK-s largest retail destinations continue to maintain retail revenues, against a backdrop of increasing competition from online retailers and pro-longed tough trading conditions.
Major retail centres have further cemented their regional dominance and have put more downward pressure on the surrounding smaller towns and local shopping centres across the UK, where revenues have started to see some decline. These smaller retail destinations will have to work hard to stimulate footfall and establish their identity to attract shoppers.
Key findings:
Callcredit-s retail centre ranking, highlights a stable position amongst the top retail centres, largely due to the lack of large-scale retail development during 2012/13. Trinity, Leeds is the standout development during the period, and has pushed Leeds above Nottingham into 7th place in the ranking (4th outside London).
Chris Duley, Director at Callcredit-s GMAP Retail Planning team commented, “Our latest retail reports highlights the opportunities and challenges faced by retail centres up and down the UK. Successful national and international retailers are continuing to extend their store footprint but the wider retail environment needs to be right to attract shoppers. The big centres can offer this; the question is can the smaller centres offer this too.”
The RetailVision report provides the most detailed listing of shopper catchments, retail centre revenues and customer profiling across the UK, covering over 17,000 retail centres classified over 25 centre types.
Chris concluded, “In the current difficult economic climate we believe that RetailVision-s comprehensive and multi-dimensional approach can help retailers, brands, property companies and town/shopping centre managers alike in identifying and implementing the right location strategies, and thus helping them derive maximum returns from their bricks and mortar investment.”
Top 50 UK Retail Centres(ii)
(ii)Ranked by annual retail revenue, excluding grocery
Top 10 Luxury Retail Centre(ii)
(ii)Includes all centres containing 200 or more stores
Top 10 Value Retail Centres(ii)
(ii)Includes all centres containing 200 or more stores
Our UK system is now supplemented by increasing numbers of similar classifications in international markets. We already have an office in Tokyo and have joined forces with the British Embassy to support UK businesses in Japan by becoming a member in their Export to Japan scheme. Earlier this year – in direct response to retailer demand – we also made the decision to establish a permanent presence in Shanghai, China.
Historically companies looking to locate into the Asia-Pac region have been hampered by the shortage of reliable marketing data on which to base a decision on whether to invest or not in any new or developing city; our retail planning systems has enabled a number of major global brands including Cath Kidston, adidas and L-Oreal to expand successfully into the region.
About Callcredit Information Group –
Callcredit Information Group-s leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.
Products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand, customer handling to ensure consumer satisfaction at all levels and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.
Callcredit also offers products to assess a customer-s credit risk and affordability and its experts in collections and recoveries provide tailored debt recovery and tracing tools. The company-s market analysis and network planning function helps organisations develop profitable retail networks, and its tools in multi bureau, analytics and metrics work to provide fully assessed bureau data.
Contacts:
Callcredit Information Group
Duncan Bowker
PR Manager
0113 388 4300
Mobile: 07557 263 660
Callcredit Information Group
Lucy Smith
PR Officer
0113 388 4300
Mobile: 0786 739 5104