DUBLIN--(BUSINESS WIRE)--The "UK Retail Parks 2018-2023" report has been added to ResearchAndMarkets.com's offering.
UK Retail Parks 2018-2023 report offers a comprehensive insight into the consumer and market dynamics of the retail parks channel. The report analyses the market, which retailer consumers use and consumer attitudes of the location.
Retail parks are set to outperform the offline market over the next five years as spend rises 8.4% out to 2023 driven by food & grocery. Accounting for almost one third of the market in 2018, food & grocery will bolster spend as discounters continue to implement ambitious store opening plans.
Retailer administrations and CVAs hit retail parks in 2018 with non-food spend falling 1.1% on 2017. Young consumers are the least likely to visit retail parks, as only 49.9% of 16-24 year olds visited a retail park in the last 12 months versus 59.3% of all consumers. Partly due to the retailer and product choice available but also due to the limited public transport options making the location difficult to access without a car.
Reflecting the trend evident across the UK retail market, value general merchandisers clearly appeal to consumers with players including B&M, Wilko, Dunelm, The Range and Home Bargains ranking in the top 10 retailers visited in retail parks, across various product sectors. Larger stores on retail parks, enable general merchandisers selling a wide product range including large items such as furniture, to showcase their full product offering with shoppers easily able to transport items purchased to cars parked nearby.
Scope
- Retailer administrations and CVAs hit retail parks in 2018 with non-food spend falling 1.1% on 2017.
- Young consumers are the least likely to visit retail parks, as only 49.9% of 16-24 year olds visited a retail park in the last 12 months versus 59.3% of all consumers.
- Leisure facilities are often lacking in retail parks and need to be improved to increase dwell time.
Reasons to Buy
- Use in-depth consumer and market insights to learn about the growth of the retail parks location over the next five years.
- Understand which consumers are more likely to shop at retail parks at which retailers, and their shopping journeys.
Topics Covered
WHAT PEOPLE BUY
- Headlines
- Definition
- Overall channel size
- Sector summary
- Spend per head
WHO PEOPLE SHOP WITH
- 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 visits: profile
- Who visits: frequent visitor penetration
- The shopper journey
- Sectors visited and purchased
- Shopping habits
- Retail versus leisure
- Shopper motivations
Companies Mentioned
- Toys R Us
- Mothercare
- B&M
- Wilko
- Dunelm
- Next
- Sports Direct
- Aldi
- Lidl
- Maplin
- Poundland
- Carpetright
- River Island
- Superdrug
- Matalan
- ASDA
- Primark
- TK Maxx
- New Look
- Tesco
- JD Sports
- B&Q
- Screwfix
- Argos
- GAME
- John Lewis
- EE
- Sainsbury's
- Morrisons
- Iceland
- Clarks
- IKEA
- ScS
- Missguided
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and more...
For more information about this report visit https://www.researchandmarkets.com/research/k4zczv/uk_retail_parks?w=4
