Manchester has retained its place as the top retail destination outside of London, generating an estimated £920m in retail spend, according to the 2013 RetailVision Report.
Liverpool has fallen from ninth to tenth position in the list of the top 50 city centres by revenue, with annual revenue of £645m.
The Trafford Centre is ranked at number 29 with revenue of £374m.
Although Manchester remains the top retail location outside of London, Westfield Stratford City Shopping Centre and Edinburgh have knocked it out of the top 10 luxury retail centres.
Sunderland, Newport and Bradford have overtaken Blackpool in fourth place as the top retail centres for value stores.
The Heart of Manchester BID, which represents over 380 city centre retailers, is attributing the city's continued success to its diverse retail mix and thriving events calendar which has grown in size and stature year on year.
The RetailVision report uses data from more than 17,000 retail centres across the UK, including town centres, shopping centres, retail parks and customer profiling to provide a detailed picture of the UK's retail landscape.
In the top 50 centres by revenue, the top four remain unchanged from 2012; Oxford Street in London, Manchester, Birmingham and Glasgow. All four have seen an increase in retail spend year on year.
Jane Sharrocks, general manager, Selfridges Exchange Square and chairman, Heart of Manchester BID, said: "The combination of a strong retail mix and a thriving calendar of events has undoubtedly helped Manchester to comfortably secure its place as the top retail destination outside of London.
"Vogue's decision to relocate this year's Fashion's Night Out to Manchester is further evidence of a city with a fashion profile to be proud of and it's fantastic to see retail spend increasing year on year.
"The city centre's retail mix is constantly evolving, and with the newly refurbished Zara, a new Breitling / Omega store, the most successful Apple store outside of London and the continued investment going in to the Selfridges store in Exchange Square and public realm across the city, we're anticipating an even stronger performance in 2014, where the city will look to continue driving both footfall and spend."