Meadowhall reports strongest sales for five years
Published: 21 July, 2015
Meadowhall has recorded a 5.7 per cent year-on-year sales increase so far in 2015, with June seeing a 10 per cent uplift on last year.
This signals the centre’s strongest performance over the past five years and is dwarfing the national sales statistics released by the British Retail Consortium last week that showed a much smaller uplift of 1.8 per cent for June.
Restaurants throughout the centre registered a 14 per cent sales increase in June, helped by the opening of the new supersize Nandos and recently refurbished Wagamama among other popular eatery brands hosted in the Centre.
The centre’s travel agents have seen an unparalleled 31 per cent sales uplift, year on year. Mixed fashion stores across the centre have seen a 7 per cent uplift and other highlights include footwear up 17 per cent, womenswear up 9 per cent and menswear up 10 per cent.
These strong sales figures come at a time when Meadowhall has welcomed a raft of new, high-end brands.
Recent arrivals include:
- Jack & Jones in 2,300 sq ft on Upper High Street
- Jigsaw in 2,300 sq ft on Park Lane
- Cadenzza in 1,200 sq ft on Lower Park Lane
- The White Company in 4,100 sq ft on Park Lane
- White Stuff in 5,300 sq ft on Park Lane
Centre director Darren Pearce said: “The recent sales figures are indicative of a renewed consumer and retail confidence: great news for Meadowhall; our local economy, and the region. June registered some of the hottest days on record but it didn’t stop customers from visiting and updating their summer wardrobes.”
He added: “It is almost 25 years since we opened our doors but we work as hard now to ensure a compelling retail offer for our customers as we did then. The £50m investment announced recently by British Land reflects their continued commitment to Meadowhall and everyone who works, shops and visits here.”