Essex Mall Sees 1.6M Visitors, £21M Sales and Full Occupancy
- Clacton Shopping Village experiences record-breaking trading in 2023
- 1.6 million shoppers visited the mall, sales reach £21m for the first time
- All units occupied with 22 retailers
- Little Uns and TOG 24 join the shopping village
- Cotton Traders moves to a larger unit, JD Sports signs new five-year lease
- CHD Property credits successful transformation of Clacton Shopping Village
Clacton Shopping Village in Essex has achieved a record-breaking year in 2023 with 1.6 million shoppers visiting the mall and sales reaching £21 million for the first time. The shopping destination, celebrating its 25th anniversary, had all 22 units occupied after welcoming local baby and toddler business Little Uns and outdoor clothing retailer TOG 24. Leisurewear retailer Cotton Traders also moved to a larger unit, while JD Sports signed a new five-year lease. CHD Property’s Charles Dring praised the mall’s transformation and local offerings, including the only JD Sports clearance store in the UK, an M&S Factory Outlet, and Home Bargains as anchors. Leanne Pfrang, operations manager for Clacton Shopping Village, highlighted the steady stream of small independent shops and major retailers like Home Bargains, Cotton Traders, and JD Sports. She added that their role in helping businesses establish themselves has been crucial.
Factuality Level: 10
Factuality Justification: The article provides accurate information about the performance of Clacton Shopping Village, including specific numbers for shopper visits and sales, details on new businesses and expansions, as well as quotes from relevant sources. It does not include any irrelevant or misleading information, sensationalism, redundancy, opinion masquerading as fact, bias, invalid arguments, logical errors, inconsistencies, or fallacies.
Noise Level: 3
Noise Justification: The article provides some relevant information about the success of Clacton Shopping Village, but it is mostly focused on specific retailers and their performance rather than offering a broader analysis or insights that readers can apply to other situations.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses the financial performance of Clacton Shopping Village, impacting the retail sector and individual retailers within the shopping center.
Financial Rating Justification: The article highlights the record-breaking sales figures for Clacton Shopping Village, new tenants occupying units, and the positive impact on local businesses. This indicates a financial relevance as it pertains to the performance of a shopping center and its effect on retail companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article
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