Gloucester Quays hails growth in annual sales
The Gloucester Quays outlet and dining destination has grown its annual sales by 6% after introducing new retailers and diversifying its F&B offering.
In the 12 months to March 2023, the centre delivered an 8% uptick in retail sales after trade was boosted by the addition of Timberland and FatFace, as well as an upsized store for Levi’s. While mixed fashion outperformed the previous year by 15%, footwear tenants increased their sales by 11%. Meanwhile retailers in the beauty and wellbeing and sports and outdoor clothing categories both experienced growth of 6%.
Paul Carter, asset director at Peel L&P, said: “Outlets provide a great shopping and leisure experience with a real emphasis on value for money, and the performance at Gloucester Quays over the past year shows that our catchment sees that.
“We have in this time delivered more options, introducing some of the best-known retailers and diversifying the food offer, all with the aim of increasing Gloucester Quays’ appeal for visitors. We are delighted to see this continued growth, and are planning on taking it even further, with new and exciting leasing additions and a bigger events calendar over the course of the next year.”
Gloucester Quays has recently welcomed back Next to its line-up with the opening of a 5,509 square foot store. It has also diversified its F&B offering with the addition of The Real Greek late last year and the signing of El Mexicana.
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