Connecting to LinkedIn...

Sales up at Touchwood shopping centre


Touchwood shopping centre in Solihull saw like-for-like sales grow for the 16th consecutive month in January, according to a statement released today.

Owner of the retail property Lend Lease said trading was up 6.6 per cent year-on-year, which was significantly ahead of the British Retail Consortium figure for the industry as a whole.

Last year was also successful for Touchwood, with the centre reporting sales growth of eight per cent over the 12-month period.

Paul Birkett, General Manager at Touchwood, commented: “Touchwood enjoyed a fantastic year both in terms of sales and visitor numbers.

“In particular, our jewellery offering experienced double digit growth against last year, whilst our dining economy was up by almost ten per cent and our toy retailers outperformed 2009 by over 20 per cent.”

He added that he is confident of more success in the year ahead.

West Midlands neighbour Birmingham is also proving to be something of a UK retail hub and is currently preparing for a National Rail-led transformation to the shopping offering at New Street Station, which will add 16,000 sq ft of retail space.

And in other midlands retail news this week, the UK Commercial Property Trust announced its purchase of St George’s Retail Park for the sum of £49.9 million, suggesting the region is a hotbed for retail activity as 2011 gets underway.

Published on Tuesday 15 February by Editorial Assistant

Articles similar to Shopping centres

Articles similar to Shopping centres

comments powered by Disqus