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Resort loses its value store tag

Shopping in Blackpool

Shopping in Blackpool

Blackpool no longer holds the largest number of value stores in the UK, according to new figures.

Sunderland tops the table holding the highest percentage of discount stores in the UK, with over a fifth of all stores (22.27 per cent) falling into the ‘value’ category.

Newport came second, with 19.51 per cent, while Bradford (19.5per cent) came third.

Blackpool fell from last year’s top spot to fourth (19.43 per cent) according to Callcredit Information Group’s 2013 RetailVision Report.

The report uses data from 17,000 retail centres across the UK – including town centres, shopping centres and retail parks to provide a detailed picture of the UK’s retail landscape.

This year it reveals that the UK’s largest retail destinations are keeping revenues up, despite increasing competition from online retailers and have put more downward pressure on the surrounding smaller towns.

Chris Duley, Director of Callcredit said: “Our latest retail report highlights the opportunities and challenges faced by retail centres up and down the UK.

“Successful national and international retailers are continuing to extend their store footprint but the wider retail environment needs to be right to attract shoppers.

The question is can the smaller centres offer this too?”

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