London's Key Retail Hubs
And of course, we can’t forget London’s vibrant and diverse shopping scene, which caters for every demographic and type of consumer with its busy high streets, luxury retailers, quality malls and colourful street markets. In a recent survey by Experian and Jones Lang LaSalle, London emerged as Europe’s top retail destination both in terms of consumer spend and prime rental levels.
The two boroughs of Westminster and Chelsea and Kensington account for more than 30% of all retail spend in London, being home to the world renowned Oxford Street, Bond Street, Knightsbridge and Kensington. And the retail market in London just continues to grow with new shopping districts springing up all over town from Canary Wharf, to the Royal Exchange and One New Change, the iconic development at St Paul’s.
London is also redefining the future of retail with the incredibly successful opening of Europe’s largest shopping centre, Westfield in White City. This mall alone accounts for more than £4 billion retail spend, and regularly attracts over 900,000 shoppers every fortnight.
Westfield Stratford City will also open this autumn, offering not only a new shopping destination for the capital, but also a gateway to the Olympic Park.
CBS Outdoor provides unparalleled communication solutions for brands wanting to reach the affluent London shopper. We dominate Oxford Street and high streets across London with Bus and Tube advertising providing one of the last opportunities to influence spend before consumers hit the shops. Our digital estates at both Westfield London and One New Change further reinforce our relevance to retailers and a host of consumer brands, offering greater flexibility and more sophisticated targeting options.
Click on the map below to see London's key retail hubs.
