UK Supermalls Market to Increase by 7.2% during 2017-2022, Expects GlobalData in Its New Report Recently Added at MarketPublishers.com18 Oct 2017 • by Natalie Aster
LONDON – On the back of little consumer interest in visiting lacklustre town centres, the total proposition of supermalls (the mix of retail objects, leaisure options and food services) turns them into a much more attractive destination for both shopping and socializing.
Supermalls are constantly developing their proposition in order to attract a wider audience and satisfy demand and expectation of more customers.
The UK supermalls market is predicted to increase by around 7.2% during the next 5 years.
At present, the clothing & footwear sector dominates the supermalls market in the UK. It is forecast to grow by appr. 7.3% during 2017-2022 to reach a share of 57.4% of all supermalls’ retail sales in the country.
GlobalData’s new research publication “UK Supermalls 2017 – 2022” has been recently uploaded at MarketPublishers.com. It provides a clear picture of the current situation in the UK supermalls sector, presents a profound analysis of this retail channel, gives access to relevant statistics and also sheds light on the prevailing trends. Moreover, the report offers a comprehensive overview of consumer attitudes, presents valuable data on the top players as well as canvasses the hottest issues having impact on the country’s supermalls market (including the enhancing importance of the leisure offer, possibility of longstanding anchor retailers being usurped by fashion players, retailers creating more destination stores, supermalls’ need to promote the seamless shopper journey, etc.). This report investigates the major strategies for success, includes profiles of the top 3 most visited supermalls, estimates retailers’ market shares and offers a future outlook up to 2022.
Find many more research reports by GlobalData at its online page at MarketPublishers.com.