Liverpool One celebrates Christmas success & record year

316
Liverpool One closed a successful festive period, reporting a five per cent increase in sales during the period compared to 2018, bucking the retail trend. The positive Christmas results mark the end of a record year of performance at the destination, with sales up 2.5 per cent over the twelve months.
Liverpool One saw 5.5 million visitors in the Christmas period alone.
// Liverpool One saw 29 million visitors throughout 2019
// New store openings boosted the destinations success

Liverpool One closed a successful festive period, reporting a five per cent increase in sales compared to 2018 and bucking the wider retail trend of doom and gloom.

The positive Christmas results mark the end of a record year at the retail destination, with sales up 2.5 per cent over the 12 months.

Footfall figures also bucked trends in 2019, with a total of 29 million visitors to Liverpool One throughout the year – 5.5 million of which were during the Christmas period.


READ MORE: Icon Outlet bucks trend with footfall & spending growth over Christmas


There were 17 new store openings, which also boosted the positive performance figures.

Alongside the new openings, 25,000sq ft of space was renewed with existing tenants, while a total of £5.3 million was invested by retailers and operators into new and existing space.

To complete the year, Kate Spade chose Liverpool One’s Peter’s Lane for its first dedicated Christmas pop-up in the UK, and its first ever boutique outside of London and Scotland.

“It’s been a remarkable year of growth for Liverpool One, which is a credit to our forward-thinking leasing strategy and series of well-considered campaigns,” Grosvenor Europe asset management director Alison Clegg said.

“Welcoming a host of leading brands, and seeing occupants dedicate substantial investment into existing stores at the destination, has propelled Liverpool One’s exciting trajectory in 2019.”

Click here to sign up to Retail Gazette‘s free daily email newsletter