Destination retailers boost Cross Keys Arcade Salisbury

Destination retailers boost Cross Keys Arcade Salisbury

Cross Keys Arcade in Salisbury has seen footfall increase 3.5% on the previous year for the year ending 31 December 2016, bucking the national trend.  With many UK retailers reporting tough trading conditions, national data suggests that retail footfall continued its negative trend in 2016, declining year on year once again.

Commercial Finance Director of Quantum, Michael Butcher, the landlords of Cross Keys Arcade, said: “It is fantastic to be able to report strong positive growth in footfall at Cross Keys. There are a number of factors that have influenced this, including our promotion of our tenants and Cross Keys through our marketing platforms, as well as the events that we’ve held during the year.  For example, we hosted the Santa’s Grotto during December, which resulted in donations of £2,400 raised for Alabare’s ‘homes not streets’ campaign. “

“However, another critical factor is our destination tenant mix, which, along with TK Maxx and other national retailers, boasts a number of independent tenants, which we’ve continued to add to; 2016 saw the opening Goodfayre, Vinyl Collectors & Sellers, and Feel Good Skate Co at Cross Keys.  Their successful openings and on-going trading demonstrates that demand from shoppers for an interesting, niche retail offering in Salisbury is stronger than ever.”

There is long term commitment to the city from the nationals too, with Michael adding, “2017 is gearing up to be another exciting year for Cross Keys. TK Maxx has committed to Cross Keys for the next 10 years and serviced office provider Regus will shortly be opening their space above Cross Keys, offering around 130 desks.”