Hardware
Software and Application
IT Service
Retail
Country Information
Convergence
Handsets/Mobile Device
Mobile and Wireless
Broadband
IPTV
Telecom Equipment
Telematics
Regulation
Convergence
Energy
Utilities
Environment
Minerals
Convergence
Biotechnology
Diagnostics
Facilities
Technology
Medical Device
Pharmaceuticals
Convergence
Automotive
Aviation
Banking and Finance
Chemicals and Gas
Construction
Defense
Education
Food
Government
Logistics
Machines
Manufacturing
Metals
Shipping
Wood and Textiles
Others
HOME > GLOBAL REPORT > Retail

:: UK Town Centre Retailing | Verdict Channel Report ::

Published by Datamonitor
Category Retail
Date 2014-02-25
Page 117
Price

The momentum that begun in 2013 will continue up to 2019 and we forecast that growth through town centre will overtake out of town in 2018. Again, the needs based sectors will drive this robust performance. However, growth will be muted by home entertainment such as music & video and books as these sectors shift irreversibly towards digital.

Two areas which shopping centre should use to drive footfall is leisure and offering free Wi-Fi. With a robust leisure offer, centres can attract shoppers during weak periods like the summer. Free Wi-Fi is increasingly becoming an expectation among shoppers and can be used to collect data.

Central London has retained the top spot in Verdict's Top 100 Town Centres despite recording a lower score. As well as its significant catchment area, it is also supported by a below average vacancy rate, and more affluent shopper, it is supported by tourist spend and its iconic shopping locations such as Oxford Street, Covent Garden, and Harrods.