CallCredit 2011 Retail Vision

The Callcredit 2011 RetailVision report provides a detailed listing of shopper catchments and retail centre revenues across the hierarchy of retail centres in the UK. It covers 16,259 retail centres classified across 26 centre types. THis year's survey

saw Manchester overtake Glasgow to become the largest retail centre outside of London.

Whilst Manchester and Glasgow headed up the table, Cardiff moved up eleven places to 15th, largely due to the new Cardiff development, which opened in late 2009.

The report broke the findings down into categories including premium retailers, mass and value, so the town centres could be distinguished for premium and value. Manchester was top of the premium centres with Oxford Street and Birmingham coming second and third respectively ranked by the number of premium stores.

Chris Duley, director of Callcredit Marketing Solutions commented: “As there have been few major retail developments in the last year or two, it is interesting to see so much movement in the top ten UK retail centres. What’s even more interesting is seeing the smaller centres that feature in the top ten list when looking at value stores. Key insight such as this can really help retailers to identify the best location for their stores, in centres where they know their target customers shop. Choosing the right location is now more important than ever to retailers to ensure they capture market share.”