REI Reveals Retailers Wary Of Shopping Centre Performances
Retail Excellence Ireland (REI) has released its Shopping Centre Review 2015, showing that retailers are unhappy with the current performance of shopping centres.
The research comes from a survey of over 200 retail tenants operating in shopping centres nationwide, with overall shopping centre performance. Centres were then ranked by a score out of ten.
The most significant finding was that, in terms of overall performance, no shopping centre was ranked as being ‘in good health’.
Stillorgan Shopping Centre, scoring a 6.51 topped the list of those considered ‘marginally healthy’, followed by Dundrum Town Centre and Blanchardstown Centre – both with 6.17.
Amongst others, Crescent in Limerick, as well as Mahon Point in Cork and Galway Shopping Centre also made the ‘marginally healthy’ list.
Dublin city locations Ilac Shopping Centre and Jervis Shopping Centre were both diagnosed as ‘unhealthy’, scoring 4.19 and 3.76 respectively.
Also on the ‘unhealthy’ list of shopping centres, MacDonagh Junction in Kilkenny scored 2.74, Scotch Hall in Louth scored 2.81 and Dublin’s Blackrock shopping centre scored 2.86.
Bridgewater Shopping Centre of Wicklow had the lowest score of only 1.55, putting it in the ‘significantly unhealthy’ category.
© 2015 - Checkout Magazine by Jenny Whelan.