Research and Markets: The North-East Is the Poorest Performing Region in UK Retail, With Vacancy Rates Of 9.7% Says Report "UK Retail in the Regions 2009: London"

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/329c1a/uk_retail_in_the_r) has announced the addition of the "UK Retail in the Regions 2009: London" report to their offering.

“UK Retail in the Regions 2009: London”

Verdict's new retail in the regions series utilises data from the Local Data Company to profile 712 retail locations across the UK, as well as giving overviews of the comparative performance of the major regions. The 11 briefs cover East Midlands, Eastern England, London, North East England, North West England, Scotland, South East England, South West England, Wales, West Midlands and Yorkshire

Scope

Number of units, shops and gross floorspaces of all town centres
Vacancy rates for 2008 and 2009 by units and floorspace and degree of floorspace churn for all towns
Proportion of multiple retailers in a town and ratio of comparison, convenience, leisure and service retailers in a town
Each brief comes with accompanying excel databook

Highlights

The north-east is the poorest performing region in UK retail , with vacancy rates of 9.7%. Average weekly expenditure per person is far lower than any other region and unemployment is the highest in the UK.

London dominates the UK regions by retail scale. Though it is second to the South-east for population size it has by far the most retail centres, number of shops and retail floorspace of any area. Vacancy rates have increased by just 2.9 percentage points over the past year.

Large towns that have performed particularly strongly include more affluent areas such as St Albans, Stevenage and Ely. In Essex, areas that are closer to London such as Harlow and Chelmsford have also proved more resilient, perhaps reflecting the current lack of retail offer in East London.

Reasons to Purchase

Analyse all the major town centre locations in a region and how they are performing relatively to each other and their own history
Compare different UK regions
See how an area is likely to evolve in terms of future developments

Key Topics Covered: