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2012-03-14

Evening Standard: "Westfield malls defy the gloom with £2 billion sales bonanza "

Link to Evening Standard

The new Westfield 'super malls' will ring up almost £2 billion in sales this year, despite the austerity-era gloom on the high street.

"Bryan Roberts, research director of consultants Kantar Retail, said: 
“They have hit the nail on the head. They have given people exactly what they want - an enjoyable day out that extends into the evening with a restaurant meal, a visit to the cinema or a trip to the bowling alley.

“Stratford City has tapped into a huge well of undeserved shoppers who previously had to travel to Bluewater or Lakeside, which are both looking pretty tired now. People had been sceptical about the scale of the development, and it all goes to show that the demise of the British consumer had been overstated.”

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