Factors like Retail Mix, Parking, and Leisure Options Drive Appeal
- Queen Street in Cardiff ranked as the UK’s most appealing high street according to American Express and GlobalData research
- Factors such as a mix of retailers and good parking are important for shoppers
- Independent pubs and restaurants also valued by consumers
- Entertainment and leisure options contribute to high street appeal
- Eastgate Street in Chester takes third place for its independent retailers and aesthetic appeal
Queen Street in Cardiff has been named the UK’s most appealing high street by a new consumer study from American Express and GlobalData. The research surveyed 2,000 consumers to determine what makes for an ideal shopping experience. Factors such as a diverse mix of retailers (67%) and good parking (62%) were key, while independent pubs and restaurants (52%) and leisure options like cinemas and theatres (36%) also played a role. The study found that 73% of shoppers believe high streets will remain important in their daily lives over the next decade. Queen Street scored well for accessibility and transport links, while Gloucester’s central shopping streets ranked second for their thriving independent restaurant scene and top leisure options. Eastgate Street in Chester took third place due to its range of indie retailers and overall aesthetic appeal. American Express’ Dan Edelman said that successful high streets offer a blend of retail experiences and social spaces, while GlobalData’s Matt Piner noted the importance of adapting to changing consumer habits.
Factuality Level: 8
Factuality Justification: The article provides accurate and objective information based on a survey conducted by American Express and GlobalData, highlighting factors that contribute to an appealing high street according to consumers. It presents the findings in a clear and concise manner, without any significant issues related to digressions, misleading information, or personal perspective masquerading as fact.
Noise Level: 3
Noise Justification: The article provides relevant information about a study conducted by American Express and GlobalData on what makes a high street appealing to consumers in the UK. It highlights factors such as variety of retailers, good parking, independent pubs and restaurants, entertainment options, and accessibility. The article also includes insights from experts on the importance of adapting to changing consumer habits for high streets to remain relevant. However, it lacks deep analysis or new knowledge that the reader can apply directly.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses consumer research and preferences for high streets, which can impact local businesses and potentially affect their financial performance.
Financial Rating Justification: While the article does not directly mention specific companies or financial markets, it highlights factors that can influence consumer spending habits and the success of local businesses in high streets. This information can have an indirect impact on the financial performance of retailers and restaurants located in these areas.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article
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