Brent Cross

Brent Cross

December 15, 2008 06:06 ET

Christmas Shopping-Brent Cross Shopping Centre Predicts Sales of Up to 1 Million GBP Per Hour

LONDON, UNITED KINGDOM--(Marketwire - Dec. 15, 2008) -

Editors Note: A video is included with this press release.

The Christmas count down has begun with 99 shopping hours left until Christmas. With just nine shopping days to go, Brent Cross Shopping Centre predicts that its shoppers will be spending an average of 350,000 GBP per hour, increasing to 1 million GBP at its peak.

Despite reports of 'doom and gloom' the Centre expects to see three quarters of a million people through its doors between now and close at 6pm on Christmas Eve.

Norman Black, head of marketing from Brent Cross Shopping Centre, comments; "It's fair to say that 2008 has been tough for retailers and a decline has certainly been evident compared with previous years. However, we are confident that shoppers will still be spending in the run up to Christmas, partly encouraged by retailer discounts.

"On average, shoppers can expect to receive savings up to 25% on their purchases this year in comparison to 2007, on a typical shopping basket worth 200 GBP; they can expect to save around 50 GBP.

"Every year, retailers say that 'Christmas is getting later' and this is particularly relevant for 2008 as shoppers are holding out for last minute bargains. Additionally, Christmas is later this year - we have two extra shopping days with Christmas Day falling on a Thursday, instead of Tuesday, so we would typically expect people to leave their shopping even later this year than in 2007."

Brent Cross is open from 10am - 10pm until 23 December and from 9am - 6pm on Christmas Eve and is the only major shopping centre in London to offer free parking.

To view the video pertaining to this press release, please visit the following link: http://www.youtube.com/watch?v=CbqeRFXAR2w

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