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Castore Opens First London Outlet at The O2

365 Retail

Outlet Shopping at The O2, owned and operated by AEG Europe and Crosstree Real Estate , has welcomed premium sportswear brand, Castore , marking the debut of its first outlet store in London. This addition enhances the retail destination’s already impressive array of sportswear offerings.

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London Designer Outlet exceeds previous records as it enters 10th year of trading with strongest ever Q1

A1 Retail

This premiumisation of the offering is reflected in the higher average transaction value (ATV) the centre has been seeing in the last year. During Easter, the ATV was up 14 percent on pre-pandemic levels, whilst it was up 15.4 percent when looking at the first quarter of 2023 versus the same quarter in 2019.

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London Designer Outlet has recorded its best December performance since the centre opened in 2013

365 Retail

Revenue was boosted by larger and more expensive purchases throughout the month, as well as the addition of new and bigger brands throughout the year, with the Average Transaction Value (ATV) increasing by 17 per cent compared to pre-pandemic.

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5 Retail Aspects to Optimize With Visitor Traffic Data

V Count

Visitor traffic data gathered from retail stores and shopping malls enables the retail sector to operate more efficiently and effectively across its various functions. How should retailers and shopping centers be using this valuable business intelligence data? And what can they hope to gain from it?

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Footfall is Coming Game of Thrones Studio Tour opening month sees sales spike at The Boulevard

A1 Retail

Following the opening of the highly anticipated Game of Thrones Studio Tour in Northern Ireland last month, a Lotus Property-owned outlet shopping destination is already seeing the benefit of increased traffic. footfall visitors in the opening month alone and saw sales increase by +25.9% compared to the same period in 2020*.

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The O2 celebrates a successful year of trade across the destination

A1 Retail

Sales across outlet shopping, F&B and leisure at The O 2 were up 18% compared to 2019, with footfall also up 7%. Janine Constantin-Russell, Managing Director of Icon Outlet and the Entertainment District at The O 2 , commented: “We are extremely proud of the success enjoyed across The O 2 in 2022.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Shopper Yield = Conversion x ATV Bearing a comprehensive approach, retailers can optimize their marketing strategies to improve their customers’ in-store experiences and maximize the store’s overall revenue. A store’s Shopper Yield is determined by multiplying its Conversion by its Average Transaction Value.

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