Planning in the dark:
 
Wed, 25th June 2008
 
 

Planning in the dark:

How does the severe lack of information regarding retail property in the UK affect the sector?

The latest White Paper from the spring meeting of the KPMG/SPSL Retail Think Tank (RTT) addresses the surprising lack of information on the composition of the retail sector in the public domain.

The White Paper, the group's eighth, available at www.retailthinktank.com, or on request (see below), reveals that planners, retailers, consumers and the city are completely in the dark as to the current make-up of the sector, its footprint and the affects of any planning applications on overall retail space, traffic flows or demand. In short, the lack of data, much of which dates back to 1971, has been holding back and seriously affecting the health of the sector, whilst also having a negative impact on planning and, in turn, the environment.

RTT member Mark Teale of CB Richard Ellis posed the question: "With green issues central to public debate, is it not more important than ever to inform planning decisions with hard facts rather than via guestimates and popular opinion? In the absence of regular censuses of distribution, it is difficult to see how future retail sector needs can be effectively planned for at all."

Key findings from the White Paper include:

• There is approximately 1.4bn sq ft of gross retail space in Great Britain, which makes every consumer in the UK individually responsible for the support of 23 sq ft.

• The last Census of Distribution, a decennial attempt to identify sales at local trading location level, was published in 1976 based on data collected over 37 years ago, in 1971. No spatial data linked with key local sales data has been published since then.

• The property stock has been growing at just 1% per annum since the early 1970s, well below the rate of sales growth.

• The Competition Commission's recent review of the UK grocery market must in itself be at least partly based on inadequate data.

• Many private sector bodies collect data, but this is neither publicly held nor used in public policy or regional and national planning decision-making.

• Information regarding shop floor space is available periodically for England & Wales from the Valuation Office but not for specific shopping areas.

• The Valuation Office figures also do not identify net sales areas or the usage of the space by shop type to calculate turnover per sq foot estimates. Without this information it is not possible to verifiably measure impact, a central concern in the planning field and one highlighted in the Competition Commission report.

• Over half the population now shops in less than 80 major non-food trading locations, mostly major town and city centres, down from over 200 in the early 1970s; a major market share shift.

• UK population censuses, unlike in other countries, do not include questions on household income; a key requirement for measuring and comparing prosperity at local level.

• It is not clear if the 'right' type of space exists or is being developed. The government is saying that the policy should be evidence-based, but does this lack of evidence mean Government planning policy and its implementation is flawed?

The RTT concludes that the lack of data detracts from the overall health of the sector. Better information would be beneficial to all key stakeholders; retailers, planners, consumers, the government, the economy and the City. The question remains as to whether there is the will to collect detailed national retail data, how it should be done and who should finance it.


 
 
category Retail  |  source The Retail Bulletin
 
   
 
 
 
 
Wed, 23rd May 2012
JD group trading director Nick Preston to leave
JD Sports Fashion group trading director Nick Preston, is to leave the company later this month to take on a role at brand management company Glint.

more >
 
Wed, 23rd May 2012
Product news: Topps Tiles gets off the paper trail
The flooring retailer goes digital with with an automated Accounts Payable solution from K3 Retail and Intelligent Capture.

more >
 
Wed, 23rd May 2012
Wet weather washes away sales of footwear and clothing
Helen Dickinson, head of retail at KPMG comments on the latest Retail Sales figures from the Office for National Statistics

more >
 
Wed, 23rd May 2012
S-commerce sales to more than double in next five years
Social commerce sales are set to more than double to £3.3 billion within the next five years, according to new research from Barclays.

more >
 
Wed, 23rd May 2012
Sainsbury's reprimanded after Asda complaint
An advert for Sainsburys Brand Match has been banned after a complaint from Asda over its wording.

more >
 
Wed, 23rd May 2012
Sainsbury's ad banned after Asda complaint
An advert for Sainsburys Brand Match has been banned after a complaint from Asda over its wording.

more >
 
Wed, 23rd May 2012
House of Fraser EBITDA drops as it invests in stores and fulfillment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.

more >
 
Wed, 23rd May 2012
Debenhams chief executive Michael Sharp snaps up shares
Debenhams chief executive Michael Sharp has increased his share in Debenhams after buying £74,000 of shares yesterday.

more >
 
Wed, 23rd May 2012
Burberry reports strong growth
Burberry, the iconic luxury clothing brand, has reported strong growth in its annual profits as it continues to expand internationally.

more >
 
Wed, 23rd May 2012
Burberry full-year profits rocket
Profits at Burberry rose 26% over the last year fuelled by strong menswear sales.

more >
 
Wed, 23rd May 2012
M&S faces staff revolt after bonus slash
Marks & Spencer is facing a revolt by its shopworkers after annual bonuses were slashed to just £100.

more >
 
Wed, 23rd May 2012
Morrisons to relaunch in-store bakeries
Morrisons is relaunching its in-store bakeries at the end of this month as it looks to meet demand from its customers for more artisan products at an affordable price.

more >
 
Wed, 23rd May 2012
Spar Scotland welcomes new sales director
CJ Lang and Son has appointed Bill Mair as sales director for Spar Scotland's independent retailer division.

more >
 
Wed, 23rd May 2012
Feelunique.com to revamp website to help drive growth
Feelunique.com is planning to revamp its website and extend its worldwide offering over the coming months as it continues to drive growth.

more >
 
Wed, 23rd May 2012
New Look launches augmented reality campaign
High street fashion store New Look is using augmented reality in its latest advertising campaign.

more >
 
Wed, 23rd May 2012
Waitrose sees surge in popularity of English wine
Waitrose has said that English wine is proving to be a drink of choice in it stores in 2012 as sales soar in time for a summer of sport and Jubilee celebrations.

more >
 
Wed, 23rd May 2012
Ocado expects 13% second quarter sales uplift
Ocado has forecast a 13% uplift in gross sales for the second quarter, up from a rise of 10.9% in the first quarter.

more >
 
Wed, 23rd May 2012
Ocado forecasts 13% Q2 sales uplift
Ocado has forecast a 13% uplift in gross sales for the second quarter, up from a rise of 10.9% in the first quarter.

more >
 
Tue, 22nd May 2012
Inflation falls to lowest level in two years
CPI inflation dropped to 3% in April against 3.5% in March, hitting the lowest level since February 2010, as the timing of Easter had a significant impact on the data.

more >
 
Tue, 22nd May 2012
Flying Brands sales plunge as its search for a buyer continues
Flying Brands sales plummeted 35% in the three months to March 31 as it continues talks to sell the business.

more >