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Cheap and cheerful

By: Series: Property Week ; 67(13) 5 April 2002, 26-28(3)Publication details: 2002Subject(s): Summary: Discusses the growing value retail market, and highlights the advantages for retailers, developers and landlords in this market area. Argues that discount stores have improved greatly over the last ten years and present themselves in a much more professional and attractive way. From the developers point of view, discount retailers are good tenants because they know their exact space requirements and don't change their mind. Looks at fortunes of a number of discount stores including TK Maxx, the Poundland chain, and Wilkinson. Concludes that while discount stores tend to fare better in a recession, people are now making a lifestyle choice and consistently choosing value retail over other shops.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS65349 (Browse shelf(Opens below)) 1 Available 117659-1001

Discusses the growing value retail market, and highlights the advantages for retailers, developers and landlords in this market area. Argues that discount stores have improved greatly over the last ten years and present themselves in a much more professional and attractive way. From the developers point of view, discount retailers are good tenants because they know their exact space requirements and don't change their mind. Looks at fortunes of a number of discount stores including TK Maxx, the Poundland chain, and Wilkinson. Concludes that while discount stores tend to fare better in a recession, people are now making a lifestyle choice and consistently choosing value retail over other shops.