Discover the unparalleled success story of Gloucester Quays, the premier urban outlet in South West England. In 2023, operator Peel L&P proudly marks a milestone year, showcasing remarkable double-digit growth and record-breaking achievements.
Gloucester Quays exceeded expectations by surpassing 2022 figures with a substantial 5.5% increase in footfall and an impressive 6.5% rise in sales. This thriving retail and leisure destination garnered significant attention from international powerhouse brands, with a record number of leases secured. Joining the lineup are renowned names such as Puma, Timberland, and Next, elevating the destination’s appeal and ensuring a vibrant, full-day experience with a calendar filled with engaging consumer activations.
December witnessed a noteworthy 9.1% year-on-year increase in footfall, while overall spending displayed a consistent upward trajectory throughout the year. The combined months of November and December saw a substantial surge in sales, with retail and F&B spending soaring by 10.4% and 10.5%, respectively. November highlighted a 13.4% uplift in retail sales, while December strategically shifted focus to F&B, indicating a balanced approach between early Christmas shopping and prioritized socializing closer to the holiday.
Paul Carter, Asset Director at Peel L&P, shares his excitement, stating, «2023 was a milestone year for Gloucester Quays, and we take pride in the outlet’s continued success. The record-breaking figures speak volumes. Gloucester Quays solidifies its position as a unique, industry-leading, all-day destination, attracting both locals and new visitors eager to spend quality time.
