GfK Retail Centrality is a measure of the attractiveness of a city with regard to its ability to draw and sustain retail trade. A city is considered particularly attractive economically when it achieves a purchasing power higher than that which would be possible from its inhabitants alone. This can be determined by comparing the purchasing power of a city's residents with the retail trade purchasing power level (GfK POS Turnover for the Retail Trade). The resulting centrality rating is directly related to the extent and frequency of customer in- and outflows from surrounding regions.
GfK Retail Centrality functions as an objective measure of which regions, cities or city neighborhoods have achieved a particularly high level of purchasing power with regard to existing retail trade outlets. GfK Retail Centrality should thus ideally form an integral part of your location planning and evaluation.
Oliver Giehsel
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