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The average transaction value (ATV) was up 17% in December versus pre-pandemic (2019), demonstrating shoppers’ appetite for deals and the relevance of outlets amidst the cost-of-living crisis. Boxing Day sales were up 89% on 2021 and 2.9% on pre-pandemic (2019) – making it the second-best Boxing Day in the outlet’s history.
The strongest day of trading was Boxing Day, with an increase of 89 per cent compared to Boxing Day the previous year, which was LDO’s second-best ever – only surpassed by 2018 when performance was boosted by the North London derby between Arsenal and Tottenham at the neighbouring Wembley Stadium.
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