Shopping Locations - UK - July 2019
Covered in this report
The retail locations used in this report are based on the different types of shopping mission. For the purposes of this report, Mintel has used the following definitions:
Local centres – small high streets and neighbourhood stores. These are small centres, primarily for top-up shopping and satisfying immediate needs. This includes everything from corner shops through to small high streets which we think need to be developed as local centres. Such high streets have very few multiple-store chains.
Major centres – city centres and major shopping centres such as Bluewater or Westfield. These centres are for big shopping trips when a large selection of major multiples is wanted. They are the place for comparison shopping and have department stores and major multiples including M&S.
Retail parks – collections of out-of-town non-food superstores. Typically, these contain furniture, electricals and DIY retailers. But they can also have retailers such as M&S, Next and Boots in them. We specifically exclude the grocery superstores from these.
“The retail scene is evolving and there has been a significant behavioural shift in how consumers are choosing to shop. Online retail has continued to grow and shopping centres and town centres are experiencing particularly troublesome falls in retail footfall. The leisure industry continues to grow, posing a challenge for retailers as consumers are increasingly favouring spending money on ‘doing things’ rather than material possessions. As a result, shopping locations that can be seen as destinations as well as offering an interesting array of retailers and products will continue to be highly attractive shopping destinations despite these behavioural shifts.”
- Sarah Alhadeff, Retail Analyst
This report will look at the following areas:
- The future of British high streets
- Shopping centres turn into lifestyle destinations
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