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Explore the dynamic landscape of high streets, focusing on the multifunctionality necessary for sustainable growth. Covering leadership control, the impact of various factors on vitality and viability, online spending trends, changing consumer behavior, and the importance of non-retail elements. Dive into statistics on retail trends, footfall patterns, and demographic shifts to adapt high streets to the evolving needs of communities. Discover how transport, health, leisure, culture, and living spaces play integral roles in creating vibrant, inclusive high streets. Stay ahead with insights from Simon Quin, Co-Chair of the Institute of Place Management.
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Simon Quin Co-Chair, the Institute of Place Management #highstreetsfund
HSUK 2020 model How much control over a factor Leadership How much each factor influences vitality and viability
Geared to the future Focused on multifunctionality
The growth of online spending 2018 18% 30.0% 1.6% 2002 2007 2012 2017 2022 2028 CRR 2018/ONS 2018
Town centre share of retail expenditure 49.4% Parliament 2000-2014, CRR 2017-2022
Multiple retailers in administration Number of stores CRR 2019
Comparison signature (20% in 2018) Holiday signature (9% in 2018) Speciality signature (31% in 2018) Multifunctional signature (40% in 2018)
Over 85s +100% Over 65s +35% 2016-2041 ONS 2017
Health Leisure Entertainment Fitness A desire for non-retail things Housing Eating Culture