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Chester as Leading Shopping Location

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Sell My House Quickly found another interesting article about Chester. Chester as Leading Shopping Location.

It has been named as one of the UK’s leading shopping locations in spite of the ongoing Covid-19 pandemic, new research has revealed.

The city has been ranked as Britain’s 20th best performing retail centre out of a list of 1,000 compiled by strategic retail property consultancy, Harper Dennis Hobbs (HDH). The research puts Chester, which has climbed 26 places compared to last year’s rankings, as the number one retail centre in the North West region. Chester also bucked the trend with regards to the performance of major city centre shopping destinations.

The research states: “The North West is the only region where a city centre location has been ranked the most vital retail centre in the region – Chester.”

According to several factors, the HDH Vitality Ranking determines the health of high streets and shopping centres. It includes the change in residents’ movement, vacancy rates, and suitability to local consumers’ demands.

Chester as Leading Shopping LocationBuckinghamshire market town Beaconsfield topped the list followed by smaller, accessible commuter-belt towns Henley-on-Thames and Tenterden.

According to the research, these locations have outperformed city centre destinations as consumers’ shopping habits have become very localised due to the Covid-19 pandemic.

Andy Metherell, head of retail consultancy at HDH, said: “Our analysis is unique as we use variables that both consumers and retailers consider when assessing shopping locations to rank the top 1,000 retail centres in Great Britain.

“This Vitality Ranking looks very different from previous years as the ‘retail health’ of high streets across the country has seen contrasting fortunes since the start of the pandemic.

“Affluence is a factor here, and some consumers are protected from job losses seen in other industries.

“These centres are also leisure and culture hot spots, and many will be looking forward to returning when it is safe to do so.”

We found this article about Chester as Leading Shopping Location on The Standard. Kindly click the link to read the full story.

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