Thursday 14 Sep 2017
Bristol Temple Meads records positive station retail growth ahead of major refurbishment
- Bristol Temple Meads records positive growth in station retail sales between April-June 2017
- Rise in sales for 21st successive quarter signals another year of growth for station retailers in Bristol Temple Meads
- Strong performance sets firm foundations for refurbishment of Bristol Temple Meads
New statistics released today by Network Rail show that total retail sales at Bristol Temple Meads grew by 3.6%* between April and June 2017, compared with the same period in 2016.
Retail sales in Bristol Temple Meads station, the city’s oldest and largest railway station, comes as the station prepares for a major wave of investment from Network Rail, with a new entrance, public square and shopping arcade planned by 2020.
The station has also seen a significant rise in overall passenger satisfaction, with 87% of passengers ‘very satisfied’ or ‘fairly satisfied’ with Bristol Temple Meads, up over 5% from the previous year.
Hamish Kiernan, Commercial Director of Retail for Network Rail, said: “Today’s results underline the positive performance of the retail offering at Bristol Temple Meads, which is set to be improved as part of the station’s impending refurbishment.
“Network Rail’s ongoing investment in its managed stations will deliver an even more positive experience for passengers at Bristol Temple Meads, whilst also generating vital funds to reinvest back into the railway.
“Our commitment to bringing in new and exciting retailers and improving the hospitality offer across our portfolio means that station users have more choice than ever before, from mainstays such as coffee and food-on-the go, right through to high-end fashion and homeware.”
Total sales growth at Network Rail station retailers across Britain grew by 5.29% in the first quarter of the new Financial Year, comparing favourably against British Retail Consortium figures which showed average total sales growth of 2.8% over the same period**.
Elsewhere in Britain, London Paddington (+40%), London Bridge (+15.14%) and King’s Cross (+13.96%) recorded the strongest sales growth, with Birmingham New Street (+13.31%) following closely behind.
The positive figures reflect Network Rail’s ongoing investment in improving the passenger experience and making stations destinations in their own right – with people choosing them as great places to meet, eat, shop and travel.
About Network Rail
Network Rail owns, manages and develops Britain's railway - the 20,000 miles of track, 40,000 bridges and viaducts and the thousands of signals, level crossings and stations (the largest of which we also run). In partnership with train operators we help people take more than 1.65bn journeys by rail every year and move hundreds of millions of tonnes of freight, saving almost 8m lorry journeys. We employ 38,000 people across Britain and work round-the-clock, each and every day, to provide a safe, reliable railway.
About the Railway Upgrade Plan
The Railway Upgrade Plan is Network Rail's investment plan for Britain's railways. It makes up two-thirds of Network Rail's £40bn spending priorities for the five years to 2019 and represents the biggest sustained programme of rail modernisation since the Victoria era. It is designed to provide more capacity, relieve crowding and respond to the tremendous growth Britain's railways continue to experience; passenger numbers have doubled in the past 20 years and are set to double again over the next 25 years - so we need to continue to invest in building a bigger, better railway. For passengers, that means:
- longer, faster more frequent trains;
- better, more reliable infrastructure; and
- better facilities for passengers, especially at stations.