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THE MARKET


“ ”


SPACE THAT HAS BEEN EMPTY FOR THIS PROLONGED A PERIOD OF TIME WILL NEVER BE USED AS SHOPS AGAIN.


REIMAGINING RETAIL In many instances, cities and towns that for centuries clustered around a central market square which came to be what we know as the contemporary shopping centre are now going to have to orientate themselves around something else.


The key first step in taking this change in direction is removing huge swathes of redundant retail space.


Almost a third of the vacant space we monitor has been empty for two or more years. In all likelihood, space that has been empty for this prolonged a period of time will never be used as shops again.


This is the obsolescent core that must be tackled.


The challenge this creates for us as a consultancy is that we are having to take a much broader approach to the problem of redundant retail space, and have to employ a much more extended range of expertise.


In that context, in the next section of the report there is a film about how retail space can be reimagined to realise new value, deliver interesting new uses and reduce the mountain of empty space.


EXECUTIVE SUMMARY


THE MARKET


RETAIL REIMAGINED


MONEY


IS THIS THE END OF THE GOLDEN AGE OF ONLINE RETAILING?


KNOWLEDGE


SHOPPING WITH A CONSCIENCE


FOOD


REGIONAL UPDATES


CONTACTS


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