Station retail steams ahead
Published: 19 February, 2015
Network Rail reports retail sales up 6 per cent for final quarter of 2014
A strong Christmas sales period, coupled with consistent October and November trading has helped Network Rail record positive like-for-like retail sales growth of 6.06 per cent in the final quarter of 2014, the 11th successive quarter or growth. The British Retail Consortium in contrast announced 0.10 per cent growth for the quarter.
The top three stations for like-for-like growth during the period were London Waterloo (20.51 per cent), Birmingham New Street (11.12 per cent) and Liverpool Lime Street (9.57 per cent), showing the trend is not just in London but across Britain.
Network Rail's head of retail Samantha Turner said: ďAround 214 million people passed through Britain's biggest stations between October and December 2014, almost 10 million more than in 2013, and our figures show people are spending, with more than one in three visiting a retail unit; thatís over 72 million."
The top five categories for the period were; Pubs & Bars (18.30 per cent), Gifting (18.18 per cent), Dining (14.74 per cent), Bread (13.30 per cent) and Books (12.10 per cent).
Christmas retail trading at Network Railís managed stations was the busiest on record growing 15.8 per cent, with like-for-like sales growing by 10.7 per cent.