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London’s West End benefits from half-term

West End sales up year-on-year during October despite comprehensive spending review West End Sales have remained robust during October at +7.7% year-on-year as reported by retail… View Article

GENERAL MERCHANDISE NEWS

London’s West End benefits from half-term

West End sales up year-on-year during October despite comprehensive spending review

West End Sales have remained robust during October at +7.7% year-on-year as reported by retail trackers Springboard. The result is ahead of the +0.8% rise across the rest of the UK according to the British Retail Consortium.

Jace Tyrrell, New West End Company, says, “October was an interesting month as people prepared for the Comprehensive Spending Review on the 20th. Retailers have reported that the anticipation translated into sluggish footfall and steady sales for the first three weeks. However, following the review, the final week of the month saw a 20% increase in foot flow as considered shoppers returned to the West End, and sales were boosted due to a strong family half term presence. ”

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