Top of the class for retail

A national report revealed that Chesterfield is bucking the north-south divide with low shop vacancy rates. The latest figures from the Local Data Company (LDC) gives a detailed insight and analysis of 506 town centres and Chesterfield is third best of the largest centres in the country with just 8.7% of shops being empty, compared to the likes of Nottingham (30%), Stockport (28.4%) and Sheffield (26.1%).

Figures from the LDC report show an increase in shop vacancies across the East Midlands from 16.7% in 2011 to 17% in 2012. Chesterfield (8.7%) is the only town centre in the region that is in the top ten featuring amongst a predominant list of Southern based locations, including Central London, Cambridge and Kingston upon Thames.

The good news doesn’t end there on the retail front. A new Debenhams store will be opening shortly and there will be a further phase of development on the Ravenside Retail Park after two additional units have been approved and are due to be completed next summer.

Works are starting on the refurbishment of the Market Hall and the proposed Northern Gateway Projects and Walton Works are working their way through the planning process.

At Destination Chesterfield we want to continue to build on this success and will be once again running a marketing campaign on the run up to Christmas to attract people to shop and spend their leisure time in the town. Last year’s campaign was a great success generating up to an estimated £500,000 into the local economy.

Part of our inward investment campaigns will target the retailers and leisure providers we would like to see in the town, building on what is already here and we will also be launching a number of the initiatives that were included in our Portas Pilot bid thanks to the in-kind and financial support of the Chesterfield Champions.

These positive results can only be achieved by working together and this success is down to the hard work of the town centre businesses, agents, Chesterfield Borough Council and everyone one who works, shops and lives in the town centre.