UK Shopping Centres Market Report
Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Shopping Centres market, and the behaviours, preferences and habits of the consumer.
Mintel has the answers you’re looking for
What are the key challenges facing the industry and how fast are its rates of growth? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Products covered in this Report
For the purposes of this Report, Mintel has defined shopping centres as those with space of at least 50,000 sq m. This includes major shopping centres such as Westfield or intu Metrocentre.
Smaller, inner-city shopping centres are, however, excluded. This Report also excludes other shopping locations such as:
- Factory outlets
- Shopping parks
- Small inner-city shopping centres
What you need to know
There have been notable changes in major shopping centres over the last few years, and while there have been no new out-oftown shopping centres built since the Bluewater centre opened in 1999, major shopping centres have become more prevalent in city centres, making them direct rivals to the high street.
The high street is indeed going through a tough period, with a rise in the number of failing retailers, as well as an influx of CVAs (Company Voluntary Arrangements), the role of the shopping centre as a place to entice shoppers has never been more important. Shopping centres are well placed to do this, particularly those that have been extended and refurbished, as they tend to attract a large range of exciting retailers, including many international ones, such as Australia’s homeware retailer, House, wanting to expand into the UK market.
Additionally, with online retailing becoming more of a threat to bricks-and-mortar retailing, shopping centres have been heavily improving their proposition. Shopping centres have certainly become more multichannel, with an increase in apps and clickand-collect services, as well as improving their leisure and food options.
Expert analysis from a specialist in the field
Written by Chana Baram, a leading analyst in the Retail sector, her extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
The major shopping centres are undergoing a lot of change as the retail scene evolves. Many are turning their focus away from pure retailing and striving to become both shopping centres and leisure destinations for people to visit for a day out. This is particularly true in the centres that have undergone refurbishment, as they are managing to attract a wider range of retailers, food outlets, events and experiences.
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
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