Proving that high speed railways are good for business, HS1 Ltd, owner of St Pancras International, is reporting all time high retail sales and footfall in the three weeks before Christmas 2011.
Sales rose 20 per cent in the run up to Christmas compared with the same period last year. Footfall was up by 18 per cent to almost one million per week. Currently, 25 per cent of people at the station are not travelling onwards but visit to shop, eat, drink or simply enjoy the buzz.
St Pancras International has more than 40 retailers, including luxury brands, boutiques, independent retailers, high street favourites and the first official 2012 Olympic Games shop.
Says HS1 Ltd chief executive, Nicola Shaw, ‘These are welcome figures and reflect what we have been doing to drive sales and promote growth for all sides of our business. The results of our retail team’s hard work are particularly impressive given the difficult environment for retail across Europe at present.
‘Looking forward, St Pancras International and High Speed 1 now have a crucial role to play during the London Olympic Games. The numbers of people who visit the station is set to grow significantly and we will continue to find new ways to make St Pancras International an attractive destination throughout 2012.’
As well as bars and cafés the station hosts bands and musicians playing live on the concourse.