Transcript Document
High Street UK 2020 An update Simon Quin Institute of Place Management Vitality & viability Alsager Altrincham Ballymena Barnsley Congleton Holmfirth Market Rasen Morley St George, Bristol Wrexham Literature review finding the evidence 22 experts ranked 201 factors 1.How much influence each factor has on the vitality and viability of the High Street 2.How much control a location has over the factor HSUK 2020 model Not worth it Get on with it! Forget it Live with it How much control over a factor Child-minding centre Deliveries Political climate Methods of classification Opening hours Spatial structure Leadership Location How much each factor influences vitality and viability 3.900 APPEARANCE PLACE MARKETING How much town can influence factor 3.700 PLACE ASSURANCE 3.500 ENTERTAINMENT AND LEISURE RECREATIONAL SPACE 3.300 NECESSITIES NETWORKS & PARTNERSHIPS EXPERIENCE ACTIVITY HOURS MANAGEMENT MERCHANDISE Anchors VISION&STRATEGY WALKING DIVERSITY ADAPTABILITY RETAILERS Chain vs independent Safety/crime 3.100 LIVEABLE ATTRACTIVENESS Comparison/convenience Barriers to Entry 2.900 ACCESSIBLE 2.700 3.300 3.500 3.700 3.900 4.100 4.300 4.500 How much factor influences vitality and viability 4.700 Attractions Amenity 4 As Accessibility Action 1. Attractions what the centre has to offer Retailers Comparison/convenience Chain vs Independent Merchandise Anchors Diversity Entertainment & Leisure 2. Accessibility getting into, out of, and around the centre Walking Accessible Liveable 3. Amenity experience within the centre Appearance Experience Necessities Attractiveness Recreational space Safety and crime Store development 4. Action making things happen 4. Animator making things happen Activity hours Vision & strategy (leadership) Place marketing Management Barriers to entry Place assurance Adaptability Networks & partnerships Repositioning Rebranding 4 Rs Reinventing Restructuring Repositioning “a strategy to enable places to identify distinct capabilities and develop competitive advantages” (Kavaratzis & Ashworth 2008; Edensor 1998) Footfall data indicator of vitality Supplied by Springboard 62 UK towns and cities 30 months of footfall (2012-2014) 563,828,709 people counted! Spatial Macro FOOTFALL Competition Economy Location Organisation Offer Internet Micro Vacancy Catchment Meso Spatial Macro Meso Micro MORLEY FOOTFALL FORECAST Spatial Resident population Location + Morley is located in a densely and populated area employment + Has a high walkable resident population + Has 1.040 businesses - It is in the North 451,793 Meso Competition Vacancy - Catchment is attracted to other, stronger centres - Town’s attractiveness is weakened by vacancy 232,280 Micro Organisation - 13% of footfall lost throughOffer lack of organisational control - Lack of footfall profile. Is Morley providing an appropriate offer? (Comparison, Convenience or Speciality?) 167,424 Mansfield, Gravesend, Grimsby Macro Average monthly footfall in 2020 Economy Internet shopping 150,581 Smaller, comparison shopping towns more at risk. Retail parks and Internet taking more footfall. Why measure footfall? Represents how important you are to your catchment – not just retail Tells you what type of town you are Tells you if initiatives are working Helps town and stakeholders adapt to changing conditions What type of town are you? 1. Comparison Shopping Town A strong retail offer. Comparison Shopping towns Wide range of retail choice Strong retail anchor(s) Large catchment area Accessible by choice of means of transport Organise themselves to compete with other comparison towns and channels What type of town are you? 2. Speciality town A unique offer, including retail, events, heritage, etc. Speciality towns Offer something unique and special Anchor(s) not retail Attract visitors but serve local population Have longer dwell time Organise themselves to protect and promote identity and positioning What type of town are you? 3. Convenience/Community town A convenient location for a mix of retail, services and other benefits. Convenience/community town Focused on local community – offer, opening times, events etc Convenience anchor – work, public transport, food shopping, markets Offers convenient mix of goods and services Accessible and locally connected Convenience/community town Organise themselves to manage accessibility, concentration, reliability, and customer service…… and identify additions to augment offer (click & collect etc) and Morley? We don’t know…. A convenient/community town with some comparison shopping offer? Footfall profile needed to assess Questions 1. Will the business plan position Morley with the correct offer for catchment? 2. Is business plan addressing the 25 HSUK2020 priorities? [email protected]