In Q3 2024, Network Rail Property recorded its highest quarterly retail sales with a +7% increase across its managed stations, reaching £240.5m. This performance is remarkable compared to the broader retail market, which saw only a +0.3% increase. All five regions experienced positive sales, with notable growth from London Waterloo at +24.2% and Charing Cross leading on a like-for-like basis with +13.1%. The introduction of 24 new retail units, alongside new brands and pop-ups, contributed to this robust growth, highlighting Network Rail's strategic focus on enhancing customer experiences.
Network Rail Property achieved a +7% overall retail sales increase in Q3 2024, significantly surpassing wider retail market growth of +0.3%.
This quarter marked not only total retail sales of £240.5m for Network Rail but also the opening of 24 retail units across its stations.
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