15 research outputs found
Retailing in the United Kingdom - a synopsis
This paper illustrates the structure of, and trends in, the retail market of the United Kingdom (UK). This industry analysis describes the retail environment compared to continental Europe and considers the regulatory issues which have helped form this retail environment. By using secondary data we describe concentration and consolidation tendencies and explain specific features of the UK retail market. Major trends are identified and discussed, concluding with an outlook on future developments
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Death of the high street: identification, prevention, reinvention
Location is of paramount importance within the retail sector, yet defining locational obsolescence remains overlooked, despite significant concerns over the viability of parts of the complex sector. This paper reviews the existing literature and, through this, explores retail locational obsolescence, including the multi-spatial nature of the driving forces that range from the global economy, local markets and submarkets, to individual property-specific factors; and, crucially, the need to disentangle locational obsolescence from other important concepts such as depreciation and functional obsolescence that are often mistakenly used. Through this, a conceptual model, definition and diagnostic criteria are presented to guide future studies, policy development and the allocation of resources. Importantly, three stages are presented to enable the operationalization of the model, essential to future academic and industry studies as well as the ongoing development of policy in this economically important, complex and contentious area
The shopping centre industry The importance to the UK economy
SIGLEAvailable from British Library Document Supply Centre-DSC:7378.800(2001) / BLDSC - British Library Document Supply CentreGBUnited Kingdo
Retail parks revisited: A growing competitive threat to traditional shopping centres?
Since the late 1970s retail parks have developed in the United Kingdom to become a substantial element of the process of retail decentralisation. From an early focus on 'bulky-goods' retailing, they have grown and evolved into a variety of unplanned and planned forms, the largest of which can be characterised as 'hybrid regional centres'. The more recent addition of typical 'high-street' retailers to their functions has earned the epithet 'fashion parks'. Intermittent concern has been expressed at the likely negative effects that these phenomena are having on the traditional system of city, town, and district shopping centres in British cities. In these circumstances it is surprising that little of the recent retail impact research has focused on the larger retail parks. Partially to redress this deficiency, the authors investigate the impact of a large unplanned retail park on the retail system of the Greater Swansea area. The evidence suggests that the greatest impact continues to be focused on the middle-order district and local town centres. The relationship is now 'strongly competitive' rather than 'benignly complementary'. At the same time, the growth in scale and functional diversity of the retail park suggests a strong 'competitive erosion' of the status of the city centre. Thus, local authorities concerned for the future of their city, town, and district shopping centres should view processes operating within the shopping centre development industry in association with the location and marketing strategies of the principal 'high-street' multiple retailers with considerable caution