Derby Leaps Ahead In Retail Rankings

New rankings released by leading research company CACI show Derby has moved up significantly in the league table of retail centres in the UK.

CACI’s annual Retail Footprint study, which ranks retail destinations by consumer expenditure potential, shows Derby has jumped 15 places to 38^th in the UK since the 2007 rankings.

Neilsen Harrap, Principal Consultant, Location Strategy at CACI, said, “With the launch of Westfield Derby and the increased offer available, the city has become a much more desirable place to shop.

“Westfield Derby has delivered the broader retail offer Derby needed to satisfy the consumers across the whole catchment. These improvements have resulted in the leap up our Retail Footprint rankings.”

Derby was one of the biggest movers on the annual list of 3,851 retail centres, which saw London’s West End take the top spot, followed by Birmingham, Manchester and Glasgow.

Derby is now able to attract a retail spend of approximately £683 million, up £245 million on the 2007 rankings.

Westfield Development Director Peter Miller said, “These results are very positive for Derby and indicate that the city is now able to attract shoppers from a far wider catchment area than before.

“The very strong footfall since Westfield Derby’s launch is testament to this changing customer behaviour.

“The continued investment across many sectors of the city will only strengthen Derby’s position in what is a very competitive marketplace.”

John Forkin, Director of Marketing Derby, said, “Derby’s climb up the retail centre rankings is a really significant endorsement of the city’s ambitious £2billion masterplan.

“Westfield’s £340million landmark centre was an investment of confidence in Derby and we’re delighted that it is paying off.”

CACI’s Retail Footprint analyses current and future shopping patterns, classifying retail centres into over 50 different types according to retail mix, market positioning and evolving shopping role. The annual ranking provides a definitive and independent guide to UK retail centres, helping retailers and property investors monitor changing dynamics and likely impact on investments.

ENDS

Contact:
Laura Walls
Willoughby PR
lauraw@willougby-pr.co.uk
07739403956