Shopping Centres
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Jan- 2025 -15 January
Liverpool One’s footfall rises 10% in ‘most successful’ shopping season
Liverpool One has reported its “most successful” festive shopping season since 2019, with footfall up 10%. The run of success began with Black Friday week when the destination experienced a 14% growth in footfall and a 28% increase in sales, reflecting the trend of consumers buying in-store and ahead of…
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10 January
Silverburn shopping destination reaches ‘record-breaking’ footfall in 2024
Silverburn, Glasgow’s leading retail and leisure destination, has announced a “record-breaking year”, welcoming 15.2 million visitors in 2024, marking a 2.4% increase in foot traffic in December alone. This growth comes as Silverburn confirms the signing of several new retail and leisure brands, set to occupy over 100,000 sq. ft.…
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6 January
The O2 welcomes over 10 million visitors in ‘best-ever’ trading year
Live entertainment, leisure, and retail destination the O2 has recorded its best-ever year for sales and footfall, welcoming over 10 million visitors – an uplift of 12% compared to 2023. Sales across retail, leisure and F&B saw an overall increase of 6%, marking The O2’s best-ever year for trade. Outlet…
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6 January
LDO sees sales surge amid boost in visitors
London Designer Outlet (LDO) has revealed its sales grew by 5% to over £103m in 2024. The designer outlet, located in Wembley Park, attracted shoppers from across London and beyond throughout the last 12 months with footfall increasing by 2% with over 5.4 million people visiting LDO. The strong sales…
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Dec- 2024 -24 December
Footfall rises ahead of Christmas but remains lower than 2023 levels
Footfall rose for the second consecutive week last week across all UK retail destinations with retail parks and shopping centres paving the way, according to MRI Software’s new data. However, levels were still considerably lower than the same week last year. For the week to 22 December, footfall rose by…
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17 December
Landsec acquires 92% stake in Liverpool ONE
Landsec has acquired a 92% stake in Liverpool ONE from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) (69%) and Grosvenor (23%) for an overall consideration of £490m. Of this total consideration, a payment of £35m to ADIA is deferred for two years. The income return on…
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12 December
Gloucester Quays completes 11 renewals in 2024
Gloucester Quays has announced 11 renewals as part of 20 leasing deals this year, forming over 44,000 sq ft of space. The deals bolster its position as a top 10 UK outlet and the destination of choice for brands to open, upsize, renew, and refit their stores. Amongst the 11…
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Nov- 2024 -12 November
Angel Central completes ground floor leasing with Therapie Clinic signing
Angel Central, the retail and leisure destination in Islington, has signed Therapie Clinic, completing the leasing of the destination’s 90,000 sq ft ground floor and coinciding with “significant” year-on-year sales and footfall growth. Joining anchor stores Uniqlo and H&M, Therapie marks a milestone moment for the destination as it reaches…
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Oct- 2024 -23 October
LDO secures French Connection and Rituals stores
The outlet shopping destination in Wembley Park, London Designer Outlet (LDO), has announced the arrival of French Connection and Rituals. Having agreed a three-year lease, French Connection has opened a 1,919 sq ft store, while Rituals is set to open its latest 2,434 sq ft store at the end of…
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15 October
Waitrose reveals surge in early Christmas shopping
Waitrose has reported that 70% of its Christmas delivery slots have been snapped up as customers get ready for the festive season earlier than ever before. The supermarket’s collection slots are also in demand, with 23 December its most popular day so far as nine out of 10 slots are…
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