Town's market is losing money two out of five days a week

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Mansfield,In The News

The trading days were reduced a few years ago and it's still struggling to break even on some days

Mansfield’s struggling market isn’t profitable two of the five days it runs every week, a council report shows. Councillors have been debating how to make it more popular in the face of internet shopping, supermarkets and out-of-town retail parks.

The market costs the council just under £11,000 per day to run. However, it only generates income of £9,000 and £7,000 on Tuesdays and Wednesdays respectively.Fridays and Saturdays are most popular, making £18,000 and £16,000 for the council, with Thursdays also breaking even. The council’s cabinet has previously discussed reducing the market days even further.

“The investment in the public realm, and close working with partners to address any anti-social behaviour issues in the area will ensure the space is as welcoming and attractive as possible for shoppers, visitors and traders, to ensure the market remains viable into the future.”

 

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