All CACI articles
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Insight
Hot 100 Retail Locations 2015
Location specialist CACI has produced an exclusive list of the UK’s hottest retail locations for Property Week.
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Hot 100 Retail Locations: 2) Norwich
The county town of Norfolk is a fairly isolated rural city with a fairly affluent catchment area.
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Hot 100 Retail Locations: 3) Leicester
Leicester is the county town of Leicestershire and the biggest city in the east Midlands. Its nearest competing centres include Nottingham and Coventry.
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Hot 100 Retail Locations: 4) Birmingham
Birmingham is the second-largest city in the UK, with a population of more than one million. It has a fairly mixed-affluence catchment and is considered to have the fourth-largest comparison goods market potential in the UK.
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Hot 100 Retail Locations: 5) Plymouth
Plymouth is a coastal city in Devon. The town has a predominantly naval heritage and benefits from seasonal tourism.
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Hot 100 Retail Locations: 6) Reading
The Berkshire town has an affluent population, reflecting its status as a popular part of the London commuter belt. Its catchment over-indexes on the most affluent Acorn groups, ‘executive wealth’ and ‘career climbers’.
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Hot 100 Retail Locations: 7) Huddersfield
Huddersfield is a large market town in West Yorkshire whose catchment is dominated by middle-income consumer groups.
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Hot 100 Retail Locations: 8) Derby
Derby is the county town of Derbyshire and has a generally more affluent catchment than the east Midlands average.
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Hot 100 Retail Locations: 1) Milton Keynes
Milton Keynes is a purpose-built new town designed in the 1960s. It has an affluent catchment and sits within London’s commuter belt.
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Hot 100 Retail Locations: 9) Nottingham
Nottingham is a key city in the east Midlands and has the strongest retail offer of any centre in the region.
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Hot 100 Retail Locations: 10) Leeds
Alongside Manchester, Leeds has become the financial powerhouse of the North. It is the third-largest city in the UK in terms of population.
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King's Lynn
The Norfolk town, which has had strong international trade links since the 12th century, may not be a development hotspot at the moment, but the scope for growth in Lynn is huge, according to CACI, thanks largely to the town’s middle-income, predominantly agricultural-based, demographic.
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Dorchester
The historic, relatively affluent Dorset town “dominates its core catchment area with high market shares,” says Platt. “This reflects the relative lack of choice in the immediate area.”
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Bournemouth
Yes, the number one retail hotspot in the UK is… the South Coast seaside town of Bournemouth.
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The Property Week Hot 100
What’s the hottest retail location in the UK outside central London? The main shopping drag of Manchester or Birmingham?