United Kingdom: Westfield shopping centers annual retail sales 2018

Westfield shopping centers are among the biggest in the United Kingdom, both located in the London Metropolitan area. Westfield Stratford City is currently the more prominent of the two in terms of its selling space and the retail sales it generates, as their 2018 numbers reveal.

More traffic at Westfield Stratford City

Westfield Stratford City was opened in 2011 as part of the London 2012 Olympic Park project and is adjacent to Queen Elizabeth Olympic Park. Since then, an overwhelmingly large number of shoppers visited the shopping center than Westfield’s original London location in Shepherd’s Bush.

Competitive market

With its two branches, Westfield is one of the defining features of the UK shopping center landscape. Yet the sector is a theatre for fierce competition with two other dominant presences: Land Securities and Intu Properties. In addition to managing a large portfolio of shopping centers scattered around the UK, both property groups also distinguish themselves in the European retail property and shopping center sector.