Sales up at Touchwood
Solihull’s Touchwood shopping centre has reported its 16th consecutive month of sales growth in January. Like-for-like sales increased 6.6 per cent over the month-long period.
The centre has outperformed the British Retail Consortium’s sales growth for the UK, with nationwide like-for-like retail sales up 2.3 per cent.
Last year was the centre’s most successful year to date, with overall sales up by 8 per cent during 2010.
Throughout 2010, the shopping centre tracked consistent sales growth on the previous year, with an increase of 6.7 per cent in the first quarter, 4.9 per cent in the second, 11.3 per cent in Q3 and 8.6 per cent in Q4.
Paul Birkett, general manager at Touchwood, said: “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 10 per cent and our toy retailers outperformed 2009 by over 20 per cent.”
Touchwood also said that, despite the extreme weather conditions, sales were up by more than 7 per cent during December.
