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Light at the end of a retail tunnel

AMONG all the doom and gloom in the retail sector there was some good news for Touchwood over the festive period.

AMONG all the doom and gloom in the retail sector there was some good news for Touchwood over the festive period.

The shopping centre saw its busiest day for five years as customers came out in force on December 27.

Grabbing a bargain was easy as some high street shops like Next cut stock by a massive 80 per-cent.

And as 95,000 people crammed into the centre, John Lewis experienced another successful spell of sales.

Total sales at the retail giant were up 2.4 per-cent and the Managing Director Andy Street was pleased with the performance.

“I am really encouraged by this performance over the key Christmas and early clearance period,” he said. We have broken a number of records including our biggest ever day on December 27 for the start of clearance in our shops.”

“Whilst we expect the next few months to be extremely tough, we are confident that John Lewis is well positioned to meet customer needs in this challenging time.”

But there were problems elsewhere for fashion chain USC, who were put into administration - leaving the future of the Solihull store in doubt.

Long-serving store Woolworths had its last trading day ever as the Mell Square outlet shut down for good while next door neighbours Marks and Spencer announced that 1000 jobs will be cut nationwide.

Tania Stowe, general manager for Touchwood remained upbeat.

“Touchwood has enjoyed a very successful Christmas season,” she said. “An incredible 95,000 guests visited the centre for the first day of sales, which was 6.6 per cent up on last year.

“On Saturday December 27, over 600 people queued to take advantage of our retailers’ sales, with John Lewis, H&M, Bravissimo, Next, Planet and Zara in particular all proving very popular.”

 

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Cathrina Hulse
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Annette Belcher
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