Sales grow for tenth successive quarter as railway station retailers continue to beat the high street

Network Rail.ashxLatest figures from Network Rail show that retail sales at Britain’s biggest and busiest stations have grown for the tenth quarter in a row, highlighting the changing habits of Britain’s modern consumers.
Like-for-like sales at Network Rail’s 18 managed stations for July to September 2014 jumped by 6.23% compared to the same period in 2013. The increase is in stark contrast to high street sales, which fell by 0.05% according to the British Retail Consortium.
London Waterloo and Liverpool Lime Street were the two best performing Network Rail managed stations, recording 18.73% and 14.10% sales growth respectively, while Birmingham New Street has benefited from the first phase of the station’s major redevelopment which launched in April last year, recording the third highest like-for-like sales growth of 12.23%.
The results show stations both inside and outside of London continue to record solid gains with Charing Cross (11.58%), Glasgow (10.76%), Edinburgh (5.43%) and Manchester (4.95%), all moving forward strongly. Specialist food and gifting brands are growing significantly as part of the station retail mix, with like-for-like sales increases of 18.08% and 14.58%. Pubs and Bars also grew by 11.94% compared to this time last year.

 


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