Callcredit 2014 RetailVision Report: UK High Streets Continue to Evolve as Consumers Change Their Shopping Habits
(firmenpresse) - LEEDS, UNITED KINGDOM -- (Marketwired) -- 02/03/15 -- Mass market retailers are feeling the squeeze on UK high streets as the increased presence of retailers at both the ''value'' and ''premium'' end of the brand spectrum intensifies, according to the latest RetailVision Report unveiled today by .
The growth of pound shops, charity shops, fast food chains and other convenience stores such as betting and coffee shops are visibly changing the high street, leaving traditional high street stores with a challenging environment.
The home of the value store(i) is steadily broadening its footprint and expanding into larger towns where they''re becoming a regular feature on local high streets, alongside "pop-up" shops where smaller retailers are taking advantage of short-term lets.
The RetailVision 2014 report highlights that over 20 Towns in the UK have a ''value store'' presence of more than 20%, with these stores making up more than 25% of all stores in Barnsley, Woolwich, Birkenhead and Nuneaton- putting these locations top in the ''value stores'' ranking.
The change in consumer attitudes is reflected in the leading supermarkets Tesco, Morrisons and Sainsbury''s all reporting a fall in revenues, as brands such as Aldi and Lidl continue to attract consumers by offering good quality and value for money.
At the other end of the spectrum, whilst selected Premier Shopping venues in London, factory outlets and large out of town shopping centres have the highest penetration of premium stores(ii), RetailVision does highlight premium "hot spots" across the UK, including Edinburgh, Manchester, Glasgow, Guildford, Cambridge and Harrogate all in the Top 25 Retail Centres based on premium brand presence.
RetailVision''s brand segmentation also includes Food and Beverage (F&B) brands, an increasing feature of many new retail developments and an increasing presence on many high streets, but again potentially emphasising the polarisation of the brand offer across UK towns, and across venues with UK cities.
Chris Duley, Commercial Director - GMAP said "UK high streets and shopping venues are evolving as consumer behaviours and retail experiences change. The growth of click-and-collect, the broadening consumer appeal of both value and premium brands, shifting grocery shopping habits and the continued expansion of food and beverage outlets have all contributed to this shift".
Notes to editors
(i)Value Store is defined as those stores below average price (e.g - pound shops, charity shops, fast food chains)
(ii)Premium Store is defined as above average price; tend to focus on quality and prestige over price (e.g - upmarket fashion brands)
The RetailVision 2014 is the most comprehensive yet with:
RetailVision Rankings 2014
Value Store Rankings 2014
Premium Store Rankings 2014
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Callcredit Information Group''s leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.
In a first for UK consumers, Callcredit launched Noddle (), a service that offers people free access to their personal monthly credit reports for life.
Other products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.
Callcredit also offers products for its clients to assess a customer''s credit risk and affordability and their experts in collections and recoveries provide tailored debt recovery and tracing tools. Its market analysis and network planning function helps organisations develop profitable retail networks, and their tools in multi bureau, analytics and metrics work to provide fully assessed bureau data.
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Datum: 03.02.2015 - 00:00 Uhr
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News-ID 1334320
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