London’s Oxford Street topped the 2011 RetailVision Report’s top 50 UK retail centres study, conducted by Callcredit Marketing Solutions, with Glasgow coming in third.
Edinburgh broke into the top ten at number eight in the poll, up three places on last year, while Cardiff jumped 11 places to 15 helped by the opening of the St Davids shopping development in 2009.
Leicester saw the biggest fall in the top ten, down four places to take the number ten spot.
Norwich topped the table for the centre with the most value stores, followed by Blackpool.
A ranking based on the number of premium stores in retail centres sees Manchester come in first, with Oxford Street and Birmingham taking second and third places respectively.
Chris Duley, director at Callcredit Marketing Solutions, observes that it’s ‘interesting to see so much movement in the top ten UK retail centres’ considering that there have been few major retail developments in the last couple of years.
‘What’s even more interesting is seeing the smaller centres that feature in the top ten list when looking at value stores. Key insight such as this can really help retailers to identify the best location for their stores, in centres where they know their target customers shop,’ Duley explains.
The top 50 ranking of the UK’s retail centres is based on revenue generated from comparison goods sales.