High Street UK2020: Sustainability on the UK High Street - Professor Cathy Parker Institute of Place Management Manchester Metropolitan University
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High Street UK2020: Sustainability on the UK High Street @placemanagement Professor Cathy Parker #hsuk2020 Institute of Place Management Manchester Metropolitan University
Italy Poland Spain France Netherlands Canada Sweden Germany US UK 0.00% 5.00% 10.00% 15.00% online share of retail spend: 2014 CRR
Alsager Altrincham Ballymena Barnsley Congleton Holmfirth Market Rasen Morley St George, Bristol Wrexham
“People do not want to go into six different shops for six different articles; they prefer to buy the lot in one shop” The American Grocer, 1892 “For better or worse this distributive revolution is carrying us away from shopkeeping to mass distribution” McNair, 1931
1.How much influence does each factor has on the vitality and viability of the High Street? 2.How much control does a location has over the factor?
HSUK 2020 model Child-minding Opening hours Not worth it Get on with it! centre How much control over a factor Deliveries Leadership Forget it Political climate Methods of Live with it classification Spatial structure Location How much each factor influences vitality and viability
3.900 APPEARANCE 3.700 PLACE MARKETING NECESSITIES HOW MUCH TOWN CAN INFLUENCE FACTOR PLACE ASSURANCE NETWORKS & EXPERIENCE ENTERTAINMENT AND PARTNERSHIPS ACTIVITY HOURS LEISURE MANAGEMENT 3.500 RECREATIONAL SPACE MERCHANDISE Anchors VISION&STRATEGY RETAILERS WALKING DIVERSITY 3.300 ADAPTABILITY Chain vs independent Safety/crime 3.100 LIVEABLE ATTRACTIVENESS Comparison/convenience Barriers to Entry 2.900 ACCESSIBLE 2.700 3.300 3.500 3.700 3.900 4.100 4.300 4.500 4.700 HOW MUCH FACTOR INFLUENCES VITALITY AND VIABILITY
Q: How much control do locations have? A: 64% 4.50 4.00 3.50 3.00 2.50 2.00 1.50 Delphi 1.00 Average 0.50 0.00
Footfall data indicator of vitality Supplied by Springboard 62 UK towns and cities 30 months of footfall (2012-2014) 563,828,709 people counted!
1. Comparison Shopping Town A strong retail offer. What type of town are you?
Comparison Shopping towns Wide range of retail choice Strong retail anchor(s) Large catchment area Accessible by choice of means of transport Organise themselves to compete with other comparison towns and channels
2. Speciality town A unique offer, including retail, events, heritage, etc.
Speciality towns Offer something unique and special Anchor(s) not retail Attract visitors but serve local population Have longer dwell time Organise themselves to protect and promote identity and positioning
3. Convenience/Community town A convenient location for a mix of everyday retail, services and other benefits.
Monday market Tuesday market Wednesday market 130 Thursday market No market Footfall profile by market day 120 110 100 90 80 Monday Tuesday Wednesday Thursday
m Convenience/community town Focused on local community (offer, opening times, events etc) Convenience anchor – work, public transport, food shopping, markets Offers convenient mix of goods and services Accessible and locally connected
Convenience/community town Organise themselves to manage accessibility, concentration, reliability, and customer service……and identify additions to augment offer (click & collect etc)
Convenience turnover £bn 2 2014 1 2000 0 5000 10000 15000 20000 25000 30000 35000 40000 10 20 30 40 Source: IGD
Rethinking strategy in towns and cities “..each firm follows its own agenda and goals and may not see itself part of a larger, value-added channel” Van Bruggen et al 2010
from vertical marketing channel…. to horizontal
Repositioning Rebranding Collaboration Reinventing Restructuring Special Issue, Journal of Place Management and Development, (9,4)
Thank you for listening! Want to know more? Read our latest report “Multifunctionality: A sustainable role for our town and city centres” www.placemanagement.org/research Join us www.placemanagement.org @placemanagement @profcathyparker #hsuk2020
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