The 1.7 million sq ft centre has topped the retail rankings since 1999.
Gatesheadís MetroCentre was runner-up in the rankings but Lakeside dropped from third place to fourth.
Third place was claimed by British Landís Meadowhall in Sheffield.
The biggest new entrant to the top 10 was Festival Place in Basingstoke, which shot up the rankings from 91st place in 2000 to number 10.
The report is available from TW Research Associates (01494 715846; email@example.com) for £295.
l Read Shopping Centre July for rankings of the top shopping centres, tenants, agents and investors.