Dublin, April 29, 2019 (GLOBE NEWSWIRE) -- The "UK Town Centres, 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The "UK Town Centres, 2018-2023", report offers a comprehensive insight into the consumer and market dynamics of the Town Centres channel. The report analyses the market, which retailers consumers purchase from and consumer attitudes of the location

Town Centres will continue to underperform offline sales growth out to 2023 with expenditure declining by 2.0bn as consumers shift spend to other locations like retail parks and supermalls that offer a wider product choice, often free parking and a better all-round experience, with food service and leisure being a key focus alongside retail. Although food service options are often visited in Town Centres, other leisure services are less prevalent as Town Centre visits are likely to be shorter and convenience-driven.

Despite having fewer UK stores in comparison to Marks & Spencer and New Look, Primark was the most visited retailer in Town Centres for clothing. As one of very few retailers that are opening stores - Primark is forecast to gain market share in 2019 as it meets consumer demand for value fashion. On the same time Discounters are playing a vital role in attracting shoppers to Town Centres with Wilko and Poundland proving popular across product sectors, including DIY, Gardening and Homewares, owing to their broad assortment and low prices.
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Scope

• As clothing & footwear players focus on right-sizing their store portfolios, town centres will be the hardest hit locations with declining spend being further impacted over the next five years.
• Despite having fewer UK stores in comparison to Marks & Spencer and New Look, Primark was the most visited retailer in town centres for clothing.
• Although food service options are often visited in town centres, other leisure services are less prevalent as town centre visits are likely to be shorter and convenience-driven.

Reasons to Buy

• Use our in-depth market insight to understand why town centres will underperform offline sales growth in the next five years, to help you decide which store locations to prioritise.
• Understand which consumers are more likely to shop at town centres at which retailers, and their shopping journeys, to enable you to tailor town centre store ranges.

Key Topics Covered:

• WHAT PEOPLE BUY
• Headlines
• Definition
• Overall channel size
• Sector summary

• WHO PEOPLE SHOP WITH
• Sectors visited: Books & entertainment
• Sectors visited: Clothing
• Sectors visited: DIY
• Sectors visited: Electricals
• Sectors visited: Food & grocery
• Sectors visited: Footwear
• Sectors visited: Furniture & floorcoverings
• Sectors visited: Gardening
• Sectors visited: Health & beauty
• Sectors visited: Homewares

• HOW AND WHY PEOPLE SHOP
• Who visits
• Headlines
• Who visits: penetration
• Who does not visit: profile
• Who visits: frequent visitor penetration
• The shopper journey
• Sectors visited and purchased
• Shopping habits
• Retail versus leisure
• Shopper motivations

Companies Mentioned

• Marks & Spencer
• New Look
• Primark
• Wilko
• Poundland
• Poundworld
• Maplin
• Coast
• Toys R Us
• Debenhams
• Waterstones
• WH Smith
• Tesco
• GAME
• HMV
• The Works
• CeX
• Argos
• ASDA
• H&M
• Next
• TK Maxx
• JD Sports
• Sports Direct
• B&Q
• B&M
• Home Bargains
• Aldi
• IKEA
• Dixons Carphone
• John Lewis
• Sainsbury's
• Iceland
• Morrisons
• Lidl
• Clarks
• Shoe Zone
• Dunelm
• The Range
• Boots
• Superdrug
• Savers
• The Body Shop

For more information about this report visit https://www.researchandmarkets.com/r/ykl37b

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