From my coursework I hope to find out the effect the Trafford Centre, a large development has had on the local community such as the Bolton Town Centre.

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From my coursework I hope to find out the effect the Trafford Centre, a large development has had on the local community such as the Bolton Town Centre.

        To complete my coursework successfully I will have to use many areas of business studies such as the different types of questionnaires and samples. I will have to do a questionnaire consisting of approximately twelve questions. I will then question twenty-five people from different age groups, genders and backgrounds. It will be a stratified sample aimed at mainly local residents.

        I will probably have to make a few enquiries, which can all be done via the Internet. I will have to request profit and loss accounts for some similar stores, which are found in both the Trafford Centre and Bolton Town centre. Profit and loss accounts for the company as a whole are only available, which is of little use when you have to compare which business in a specific area is more successful. Some types of stores I could e-mail are Dixon’s, Debenhams, The Link, and Burtons etc. I need to compare the profit and loss accounts to prove my prediction that the Trafford Centre attracts more business than the Bolton Town Centre. If I am unable to get some profit and loss accounts I can compare the number of visitors each centre gets annually and come to a conclusion from them.

        The Trafford Centre information pack, which I requested and received through the post, will be extremely useful for finding out the history of the Trafford Centre. I will look for mainly what kind of damage the Trafford Centre has done to the environment, what was previously there before the Trafford Centre was built etc. One problem I may have is that the information pack may be biased and promote all the positive things about the centre instead of looking at positive and negative issues.

        I will need to include many areas of Business Studies in my coursework eg Marketing, which will help me assess the different ways a development promotes itself. One of the main reasons Bolton Town Centre is not attracting enough customers could be that they are not aiming at a wider range of people all over England. Analysis, external costs and benefits to the community are areas which should be also taken into consideration. Ratios and SWOT analysis would help me decide which development is making a higher profit and what other development could do to improve.

        The conclusions I hope to make are that although the Trafford Centre is making large amounts of profits. It is affecting local developments a lot, such as the Bolton.

                

                                     SHARJEEL IQBAL

The development ‘Trafford Centre’ is located approximately

“9km to the west of Manchester City centre, close to the junctions 9 and 10 on the M60 (formerly M63)”

See map for exact location. It has an excellent dual carriageway link to the city centre.  It has been built on an ex wasteland site, so the land values initially must have been quite low.

There was much speculation and delays before the Trafford Centre was actually opened.

“The Trafford Centre was conceived in 1984 planning permission was sought in 1986”.

After much discussion and debating approval was finally “up-held by the House of Lords in 1995”. It took 27 months (2 ¼ years) to build and was opened on September 10th 1998. Even though it is almost four and a half years old, it seems like it opened just recently. Part of the 380 Trafford Centre ensures it is kept clean and polished on a regular basis.

The nearest competitors are scattered all across Manchester.  There are many competitors, even Bolton town centre; as well as other Town Centers are competing for business against the Trafford Centre.  

The Trafford Centres competitors seem to be far inferior in all categories. The Trafford Centre has a wider range of entertainment and retail stores than any other nearby competitor. It also has a wider range of facilities and the interior design is difficult to match. There are quite a few stores found in both The Trafford Centre and it’s competitor Bolton Town Centre, i.e. Burtons menswear, Boots, Scotts, River Island as well as a few more.

        The Trafford Centre is different in many ways, It has a huge range of stores, which none of its competitors can boast of e.g. Selfridges, FCUK, both not located in Bolton Town Centre. Also the difference in popularity and the amount of business The Trafford Centre does is quite immense. It is one of the newest developments in the Greater Manchester region and yet due to its huge marketing and special promotions it has become well established and a household name.

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It will be a lot easier to find things that the competitors don’t have than to find things The Trafford Centre does have. This is mainly due to the young age of The Trafford Centre (4 yrs old). All the equipment that wasn’t available to the Bolton Town Centre The Trafford Centre will have.

A major advantage to Bolton Town Centre as with the Trafford Centre which is all indoors, if they decided that another set of escalators was necessary a lot of shops would be closed and a lot of business would be lost. But in Bolton Town ...

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