Network Rail has announced that their retail offering is proving very popular with passengers.
The transformed London Bridge station, which is home to over 70 purpose-built shops has doubled its total sales for the first three months of 2019 compared to the same period last year. It recorded over £14million in purchases, while sales for the 2018/19 financial year grew by over 75%.
Across Network Rail‘s managed station estate, Q4, which covers January – March 2019 had like-for-like (2.42%) and total sales (6.84%) increased steadily.
In the 2018/19 financial year, Network Rail retailers welcomed over a quarter of a billion customers into their stores leading to significant retail sales growth of 4.36%.
Niche station retail categories including technology (+105%), home and lifestyle (+25%), and books (+18%) all proved popular purchases in the last year.
These results mark the eighth straight year, and 32nd successive quarter, that like-for-like sales have increased for Network Rail.
What did the officials say?
David Biggs, managing director of Network Rail Property said:
“We know that convenience is king for our busy passengers and station users. That’s why we are delivering a passenger-centric retail offer across our estate and are pleased it continues to be successful despite some tough market conditions.
“We’re committed to delivering a positive experience for the 900 million people who use our stations each year. We continue to work with our colleagues to create modern railway stations that are also destinations in their own right – great places for people to shop, eat, socialise and travel.”
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