Gloucester Quays saw record-breaking sales this Christmas, outperforming national averages and showcasing strong growth across retail and food sectors.
Gloucester: Gloucester Quays had a fantastic Christmas trading season this year. Sales jumped 6.7% above the national average, according to Peel Retail & Leisure.
Black Friday fell on a payday in November, which helped boost sales. Retail sales rose 3.6% in November and December compared to last year. Food and beverage sales increased by 7.6%.
The Christmas Market, now in its 12th year, featured over 100 stalls and an ice rink. This event took advantage of the beautiful waterside area at Gloucester Quays.
For the whole of 2024, tenants at Gloucester Quays saw a 7.4% sales increase. Retail grew by 6.1%, while food and beverage grew by 8.5%. Popular brands like Next and Puma saw double-digit growth.
This growth shows how much people enjoy the Gloucester Quays experience. Visitors can shop, dine, and enjoy the historic setting all in one place.
Paul Carter from Peel Retail & Leisure praised the strong performance. He noted that despite challenges in retail, Gloucester Quays continues to thrive.
He highlighted the quality of offerings and the appealing waterside environment as key factors in their success. Gloucester Quays has evolved into a vibrant urban outlet.
Recently, 11 brands renewed their leases, securing 44,000 sq ft of retail space. This shows the long-term appeal of Gloucester Quays as a shopping destination.
