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Shopping centres rank among highest in country's top 50.

Byline: JONATHON MANNING Reporter jonathon.manning@reachplc.com @JONNYAMANNING

TWO North East shopping centres have been named in a list of the top 50 shopping destinations in the country.

Intu Metrocentre, in Gateshead, has been named the region's best shopping centre after it came in at number seven in a national ranking compiled by GlobalData.

But despite its high ranking it actually fell one place during the year, having been overtaken by Sheffield's Meadowhall.

Newcastle's Intu Eldon Square was ranked number 30 in the Top 50 UK Shopping Centres report, though it fell five places since 2018.

The best shopping centre in the UK was found to be Westfield's site in Shepherd's Bush which topped the list, while its sister site in Strafford came in second.

They were followed by Bluewater in Kent, the Intu Trafford Centre, and Intu Lakeside in Essex. All of the top five centres retained the same ranking in the top 50 list as last year.

GlobalData's Top 50 UK Shopping Centres report ranks centres based on a number of factors, including performance, potential, provision, and how they meet shopper expectations.

It means that the report is unique in that it takes into account the needs of both tenants and shoppers.

Joseph Robinson, retail consulting director at GlobalData, said: "GlobalData's 2019 ranking highlights the continued outperformance of Westfield's London centres. However, overall the top 20 list paints a picture of excellent shopping centre provision throughout the UK."

The biggest risers on the list were Intu Watford, which jumped 10 places, and Westgate Oxford and Lexicon Bracknell, which both rose eight places in the ranking.

Despite the rise in online shopping, GlobalData's research found that people still like to travel to shopping centres. Mr Robinson added: "Over one third of shoppers (36.6%) visit shopping centres at least twice a month with the average shopper making 17.3 trips a year - up from 15.9 in 2018."

And confounding today's modern myth that young people don't like to visit physical shops, the research shows that under 35s remain the most frequent visitors.

"As retail spend continues to shift online, shopping centres play an important role in facilitating the multichannel shopping journey with the proportion of shoppers visiting in order to return or collect an online order, rising on 2018."

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Intu Metrocentre and Intu Eldon Square, inset

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Article Details
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Title Annotation:Business
Author:JONATHON MANNING Reporter jonathon.manning@reachplc.com @JONNYAMANNING
Publication:The Journal (Newcastle, England)
Geographic Code:4EUUK
Date:Dec 26, 2019
Words:391
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