Nottingham's premier shopping centre, The Exchange, has recorded
another strong end of year performance according to recently
confirmed trading and footfall data for the year to December
2014.
Footfall for the centre, which is Nottingham's oldest
purpose-built shopping arcade, was up a notable 9.2% on 2013
figures and reflects a consistent and continuing level of custom
for the scheme according to Centre Manager, Neil Fincham.
"I think these figures are a good result in any context," said
Mr Fincham, "but when assessed against the national picture, which
showed only a modest change on 2013 figures, they underline a
particularly healthy performance for the centre even in an
improving market.
"Notably, it was the second half of the year where the
significant increases were seen. This period followed the
refurbishment of the main arcade's York Stone floor in May, as well
as seeing the opening of Radley's new store in the centre in the
autumn. I feel sure that the fully let status of The Exchange
played a big part in the figures, which also saw our highest
Christmas footfall levels ever."
Mr Fincham added, "The last five years has seen a steady
increase in the mean monthly footfall for the centre, which is now
at a level 20% higher than 2010 results. Whilst not at all
complacent, the data and Radley's store opening certainly speak of
a continuing confidence in The Exchange and Nottingham as a whole,
which I hope points to ongoing success over the next twelve
months."