UK Retail Markets 2012

I am back at the National Association of British Market Authorities’ Annual Conference. I am listening to Krys Zasanda present the heading figures about the state of the sector.

279 markets contributed to the annual figures. 75 indoor and 204 outdoor. The survey was a traffic light system, asking Market Managers whether things had remained stable, increased or decreased with regards to stalls let, traders standing, market days, footfall, income, staff, bottom line and investment.

So, aggregating all the measures in 2012 74% of all markets replied stable or increasing 16% in decline. This was an improvement in last year.

In other news, like 2011, outdoor markets are doing better than indoor. Similarly Farmers’ Markets are doing better than traditional markets again this year.

Regionally the performance by region shows markets in The Midlands fare the worst with London ones doing the best (no surprise there).

The overall improvement could well be due to the Love Your Local Market and National Market Day initiatives, as well as the work Mary Portas did to raise awareness of markets. The Love Your Local Market national website got 14,000,000 hits!

So a bit of good news in what has been doom and gloom in terms of many retail statistics and news from The High Street.

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