Event: Retail futures – changing consumers and changing retail

November 27, 2013 10:51 am

Retail

The retail industry is experiencing tough, and unprecedented, challenges because the longest recession for decades has coincided with rapid growth in online retail sales at the expense of bricks-and-mortar shops. Consumer spending is still lower than 2008; shopper patronage is increasingly driven by discounts, vouchers and coupons; and the proportion of vacant shops is at historic highs (although levelling off recently at 14.1%).

The economic health of our town centres is as important to Ashfield & Mansfield as it is to London. The future of the high street and the town centre is important to people who work there, shop there and own property there. The Ashfield & Mansfield conurbation, in common with similar town centres elsewhere in the country, has witnessed a relative decline in the importance of the town centre, increased vacancy rates, reduced spending and a lack of investment in the main retail areas.

To understand the implications of the present and future challenges that such areas face, the Mansfield & Ashfield Development Forum has invited Professor Joshua Bamfield, Director of the Centre for Retail Research, to share his insights on the future of the high street, the changing pattern of retailing and what future changes can be expected in the medium term that will impact shopping and the work of town centres.

Professor Joshua Bamfield has studied retail consumer and crime trends in Europe and North America for 30 years and has acted as consultant to major retail corporations. He taught management, strategy and industrial economics at Oxford Brookes University before becoming Head of Business at Northampton University.  He is the Fellow of the Royal Statistical Society, read PPE at Oxford and Industrial Economics at Nottingham and is currently Director of the Centre for Retail Research, Nottingham.

This informative and totally free event will take place on 11 December 2013 at the Old Library, Leeming Street, Mansfield, 2-4pm. For further information and to book your free place click here.

 

 

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