Mini cost model: The evolution of retail


Despite reports of the death of the retail centre, the truth is that owners, developers and local authorities are adapting to use their spaces and assets in new and diverse ways

01 / Pressures

Media reports of the demise of the UK’s retail centres – both high streets and out-of-town shopping centres – have increased in the past few years. But is this an accurate picture? Retail spending has recalibrated back to its 2% year-on-year growth level, last seen about four years ago. While online sales have increased rapidly in recent years, the Office for National Statistics recently revealed that sales at bricks-and-mortar outlets still account for nearly 82% of all sales in this country. 

Despite that, pressure on bricks-and-mortar retail is intense, for five reasons.

This is PREMIUM content, available to subscribers only

You are not currently logged in. Subscribers may LOGIN here.

SUBSCRIBE to access this story

Gated access promo

SUBSCRIBE for UNLIMITED access to news and premium content

A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders,  data and research - including our popular annual league tables. You will receive:

  • Print/digital issues delivered to your door/inbox
  • Unlimited access to including our archive
  • Print/digital supplements
  • Newsletters - unlimited access to the stories behind the headlines

Subscribe now 


Get access to premium content subscribe today