Retail sector

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Middlesbrough is the most significant town between Leeds and York to the south, and Sunderland and Newcastle to the north, with a diverse retail offer that attracts customers from a wide catchment area. The town centre has a thriving independent retail sector in addition to major high street brands, both of which continue to be nurtured through a variety of initiatives. Retail in Middlesbrough caters to all tastes and budgets, from exclusive brands available at Psyche and Flannels to affordable fashion at Topshop and New Look.

The town centre has four large shopping centres, encompassing 1.15m square metres, and the town’s retail sector generates more than £257 million per annum.

Middlesbrough was named a Rising Star in the Great British High Street of the Year Awards in 2015, in recognition of the strides it’s making in improving the town centre. With millions of pounds of investment and exciting development underway, there’s no better time to be part of it.

Consumer Powerhouse

Middlesbrough’s consumer sector is one of the best performing in the UK, ahead of nearby cities and those up and down the UK. In the 2018 UK Consumer Powerhouse report (Irwin Mitchell and Centre for Economics and Business Research), using a series of measures comparing the fortunes of more than 40 cities, Middlesbrough’s vibrant and diverse city centre economy stands out as one of the star performers. It’s consistently near the top of a series of tables gauging the health of a key sector covering retail, leisure, tourism and food and drink. Read the full Consumer Powerhouse story.

Case study

“Psyche has been trading in the Middlesbrough region for 35 years now. Recently, our retail businesses have experienced significant growth which has resulted in major local investment in the business. In Middlesbrough, we now trade from a department store and shopping centre store, both of which have been completely refitted and expanded this year. We are predicting this growth to continue into the future. Middlesbrough’s main challenge is that its national image is at odds with the reality experienced in the town.”

Dr Steve Cochrane,
Managing Director