Foyleside bucking the retail trend

Foyleside Centre Manager, Fergal Rafferty.
Foyleside Centre Manager, Fergal Rafferty.
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Foyleside Shopping Centre enjoyed a record Christmas week with more than 350,000 shoppers flooding to the city centre venue for last minute Christmas shopping. Figures from Foyleside reveal that footfall in the centre was in excess of one million people per month in both November and December.

Fergal Rafferty, Foyleside Shopping Centre manager said; “It’s been a very busy Christmas at Foyleside.

“November and December saw over two million visits to the centre. Our retailers reported a strong pre-Christmas sales with final week of christmas seeing 14% more shoppers than the same period in 2010. This reflected both better weather conditions and a trend for shoppers to leave their shopping trip that bit later in order to avail of some heavy discounting by some shops.”

In further good news for Foyleside based businesses the pre-Christmas boost, which runs contradictory to the operating enviornment experienced by many city centre businesses, seems set to continue into 2012.

Mr. Rafferty said: “Retail is undoubtedly experiencing a difficult period, but the evidence of our pre-Christmas footfall, gift card transactions and the numbers of people we have welcomed for the start of traditional sales tells us that there is still a strong appetite for a bargain and shoppers are keen to make sure that they buy the right items at the right price, first time.

“This momentum continued into the post Christmas sales period with retailers reporting fantastic sales when we re-opened at 6am on Boxing Day.

“Our own Foyleside Gift Card has seen a 6.5% rise in sales versus 2010 which is remarkable and reflects an increased popularity and flexibility and has now grown to over 42,000 users annually.”