A new tool has been launched by <\/u>the National Association of British Market Authorities (NAMBA) to help assess the impact of local markets on the economy, together with 6 case studies of Kingston-upon-Thames Ancient Market, Plymouth City Market, Ashton-under-Lyne market, Keswick market, Poulton-le-Fylde market and Market Harborough market.<\/u>\u00a0<\/u><\/p>\n
DCLG writes:
\n<\/u>High Streets Minister Marcus Jones has welcomed new guidance published today (28 July 2015) that will help cities, towns and villages show the positive impact that markets can bring to their local area and economy.<\/p>\n
Between 2012 to 2014 an estimated 1,000 people started businesses in their local market and this new guidance will provide better tools for analysing market place footfall and gauge the views of customers and traders helping market managers and operators decide which stalls will work best for them. This will not only aid in attracting modern consumers but will also help markets demonstrate the considerable contribution they make to the vibrancy of our high streets and town centres, supporting businesses, local jobs and enhancing community life.<\/p>\n
Speaking on a visit to Plymouth City Market Marcus Jones said:\u00a0 We have a proud heritage of markets in this country, but they also need to evolve with the changing high streets of today and adapt to modern technologies.\u00a0 This is practical resource that will help investments in our markets both today and tomorrow and I would encourage all market managers and operators to use it.<\/p>\n
National Association of British Market Authorities (Nabma) President, Councillor Mick Barker said: I am delighted to welcome this further addition to the range of resources that are being provided to retail markets to help them assess their performance, and show how much value they add to the local economy and community. Developed as part of our \u2018Mission for Markets\u2019 initiative, this guidance will help markets respond to the changing needs of the future.<\/p>\n
The new \u2018how to\u2019 guidance comprises a series of assessment templates which look at:<\/p>\n
It was developed from work undertaken by ROI as part of their \u2018Mission for Markets\u2019 programme that examined the performance of 6 different markets, including Plymouth City Market included as an example of an indoor general market.<\/p>\n
Plymouth City Market is a long-established, large and varied market open 6 days per week. Managed by Plymouth city council, the market is home to 150 stalls and 40 shops and a \u00a33.5 million investment scheme has recently been confirmed to make some necessary modernisation to the building.<\/p>\n
View the press release<\/a><\/p>\n View more information about NAMBA<\/a><\/p>\n View the case study publications<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A new tool has been launched by the National Association of British Market Authorities (NAMBA) to help assess the impact of local markets on the economy, together with 6 case studies of Kingston-upon-Thames Ancient Market, Plymouth City Market, Ashton-under-Lyne market, … Continue reading