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Mission for Markets Survey Results Chris Savage Projects Manager

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Presentation on theme: "Mission for Markets Survey Results Chris Savage Projects Manager"— Presentation transcript:

1 Mission for Markets Survey Results Chris Savage Projects Manager
A project run in partnership by: Chris Savage Projects Manager Colin Wolstenholme Markets Manager, Bradford Council

2 382 45 NMTF NABMA 889/1021 166/310 Methodology Short Survey
Long Survey Incentives traders/markets operators/markets 382 45 market traders market operators NMTF NABMA membership consultancy

3 Market Operator Survey
Annually since 2011 Develop a general understanding of the sector Identify trends on retail markets 9 core performance measures Qualitative assessment: increased decreased stayed the same

4 1,227 310 87% 5% Response markets in UK markets in survey
21 3 50 87% 5% 47 41 17 33 6 public sector private sector 38 27 25

5 National Performance 2015-2016
Headlines £51.6m £5.95bn invested sector turnover 26bn footfall down since 2012 shopping visits National Performance

6 Core performance measures
Decreased Same Increased Number of stall lettings 39% 36% 25% Number of traders Number of market days 1% 96% 3% Footfall 43% 40% 17% Stall Income 38% 22% Operational/management staff employed 20% 73% 7% The Market profit/loss 42% 18% Trader turnover (sales) 45% 13% Market Investment 12% 64% 24%

7 Performance since 2011 Stall Lettings Number of Traders
Operational Staff Employed Market Profit / Loss Trader Profit / Loss Footfall Amount of Traders Investment Market Days

8 Market Finances Income charged Financial position of Market Surplus
45% Deficit 25% Break even 22% Don’t know 8% Review of Income Rents Daily/weekly Tolls Licence Fees Last Year 54% 58% In the last 5 years 26% 28% 24% Over 5 years 20% 14% 18% Result of review Rents Daily/weekly Tolls Licence Fees Increased 43% 41% Decreased 9% 6% 24% Same 48% 51% 18% Income charged Fixed Rate 60% Per sq mtr/sq ft 23% Combination of both 17%

9 Stall Occupancy National average = 77% 37 76% 21 41 25 27 79% 17 47
Number of markets Occupancy Rate London 37 76% North East 21 East Midlands 41 South West 25 South East 27 79% East Anglia 17 North West 47 77% Yorkshire/Humbe rside 50 West Midlands 33 Market Type No of Markets Average Occupancy Rate Indoor 84 86% Outdoor 142 71% Street 47 79% Outdoor Covered 22 74%

10 Road Map 17% 53% = Increased 2015/16 30% = Same 20% 52% 2014/15 28% = Decreased 22% 55% 23% 2013/14 28% 46% 26% 2012/13 24% 42% 2011/12 34%

11 26 1,000 10,000 £3.25bn Wholesale Markets markets businesses turnover
directly employed turnover

12 Professional Development
Long survey 45 Professional Development Market Information markets Finance

13 Professional Development
Market Information Finance Types of study Occupational Agreements Income v Expenditure Business Support Digital Technology Service Charges Social Media Business Rates

14 Summary of Findings Market performance continues to remain challenging
Over supply of stalls Investment in markets is increasing Greater use of digital technology Market profit/loss

15 Market Trader Survey

16 The Traders

17 The Businesses

18 Trading Locations

19 Turnover and Growth

20 Conclusions

21 www.mission4markets.uk @m4markets
Chris Savage Projects Manager / Colin Wolstenholme Markets Manager, Bradford Council /


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