Gloucester Quays Breaks Trading Records and Continues to Thrive
Gloucester Quays sees record-breaking sales growth, driven by festive events and strong retailer performance
Gloucester, UK, Retail, Christmas Market, Sales Growth
Gloucester: Gloucester Quays had a fantastic Christmas trading season. Sales jumped 6.7% above the national average, according to Peel Retail & Leisure.
Black Friday fell on a November payday this year. Early retailer offers helped boost sales during the holiday season. Retail sales rose 3.6% in November and December compared to last year.
The Christmas Market, now in its 12th year, featured over 100 stalls and an ice rink. This event took advantage of the Quays’ beautiful waterside area.
For all of 2024, tenants at Gloucester Quays saw a 7.4% sales increase. Retail sales grew by 6.1%, while food and beverage sales rose by 8.5%.
Popular brands like Next, Skechers, and Puma saw double-digit growth. New leases for Pret a Manger and Bakers & Baristas also contributed to this success.
The 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, Asset Director at Peel Retail & Leisure, praised the team’s efforts. He noted that despite challenges in retail, Gloucester Quays continues to thrive.
Carter highlighted the quality of their offerings and the appealing waterside environment. The Quays has evolved into a vibrant urban outlet that meets diverse needs.
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.
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