UK Supermalls, 2018-2023

UK Supermalls, 2018-2023

Summary

"UK Supermalls, 2018-2023", report forms part of GlobalData's Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the supermalls channel. The report analyses the market, which retailers consumers purchase from and consumer attitudes of the location.

Supermalls are set to outperform the offline market, rising 7.0% to reach £10.9bn by 2023 due to their strong retail and leisure offer. Younger consumers are the most frequent visitors, with over 20% of 16-34 year olds visiting at least once a month.

Scope

- Retailer investment will ensure clothing & footwear remains the prevalent sector as players such as Primark and H&M update and open key stores.
- Primark is the most visited retailer for clothing & footwear as its large, destination stores appeal to a broad audience.
- The variety of retailers, leisure and food services drives the appeal of supermalls as 45.3% of visitors prefer supermalls over other locations because of the wide choice of retailers.

Reasons to buy

- Use our in-depth market insight to understand why supermalls will outperform offline growth in the next five years, to help you decide which store locations to prioritise
- Understand which consumers are more likely to shop at supermalls at which retailers, and their shopping journeys, to enable you to tailor supermall store ranges.