Economy of Worcester

Worcester is the home of what is claimed to be the oldest newspaper in the world, Berrow's Worcester Journal, which traces its descent from a news-sheet that started publication in 1690. The city is also a major retail centre with several covered shopping centres that has most major chains represented as well as a host of independent shops and restaurants, particularly in Friar Street and New Street.

Retail trade

The Kays mail order business was founded in Worcester in the 1880s and operated from numerous premises in the city until 2007. It was then bought out by Reality, owner of the Grattan catalogue. Kays' former warehouse building was knocked down in 2008.

Worcester’s main shopping centre is the High Street, home to the stores of a number of major retail chains. Part of the High Street was modernised in 2005 amid much controversy. Many of the issues focussed on the felling of old trees, the duration of the works (caused by the weather and an archaeological find) and the removal of flagstones outside the city’s 18th-century Guildhall. The other main thoroughfares are The Shambles and Broad Street, while The Cross (and its immediate surrounding area) is the city’s financial centre and location of the majority of Worcester’s main bank branches.

There are three main covered shopping centres in the city centre, the CrownGate Shopping Centre, Cathedral Plaza and Reindeer Court. There are three retail parks, the Elgar and Blackpole Retail Parks, which are located in the Blackpole area of the city, and the Shrub Hill Retail Park which is located immediately outside the city centre