Gloucester Quays smashes records with a 6.7% sales rise in 2024, fueled by Black Friday, Christmas Market, and popular outlet stores.
Gloucester Quays had a record Christmas for sales. It was another year of growth.
Sales in 2024 beat the national average. They were 6.7% higher, said Peel Retail & Leisure.
Black Friday was on a payday in November 2024. Retailers also had early offers.
Gloucester Quays’ tenants did well during Christmas. Retail sales rose by 3.6% versus 2023. Food and beverage sales jumped 7.6%.
The Christmas Market helped a lot. It was free and had over 100 stalls. It also featured an ice rink. This used the Quays’ large waterside area.
Total sales at Gloucester Quays rose 7.4% in 2024. Retail increased 6.1%. Food and beverage grew 8.5%. Fashion and homeware brands had big growth.
Stores like Next and Puma did very well. New places like Pret also helped.
Gloucester Quays is becoming more popular. People like to shop at the outlet stores. They enjoy meals and the historic quayside.
Retail leases at Gloucester Quays are up. Eleven existing tenants renewed them. The leases totaled 44,000 sq ft. This shows the spot will stay popular.
