Caledonia Park celebrates best year ever alongside mass of renewals and openings

Caledonia Park achieved record-breaking performance in 2024, with total sales surpassing 2023 levels and footfall up 8%, underlining the impact of its targeted leasing strategy tailored to evolving consumer demands. Standout categories included Health and Beauty, which saw a staggering sales growth of 26%, bolstered by the continued success of Rituals, as well as F&B, which grew by 16%, demonstrating the success of the destination’s varied grab-and-go offer with the likes of Burger King and Starbucks, as well as family-focused operators such as Pizza Express and Cornish Bakery. Black Friday weekend was particularly successful for the scheme, with a 19.1% uplift in sales vs the same period last year, 

A targeted and considered leasing strategy, combined with strong performance for the destination, has resulted in several lease renewals for long-standing tenants, including POLO Ralph Lauren, who have committed to another 5 years at the destination, Cadbury, Berghaus, and Levi’s. This demonstrates yet another vote of confidence in Caledonia Park, marking its significant appeal for both brands and visitors across the country.

Maria Averkina, Asset & Development Manager at Railpen, commented: “2024 has been a standout year for us as we remain strong in our position as the go-to place for outlet debuts in Scotland. We’ve had record footfall and sales, putting us on a positive trajectory as we kick off 2025, and our portfolio of brands is continuing to excel, catering to our visitors tastes. Our focus will remain on supporting existing tenants as well as attracting new ones, with several discussions already underway with leading retailers.” 

As well as Caledonia Park’s line of renewals, Ben Sherman opened its first outlet location in Scotland at Caledonia Park at the end of last year, taking 1,500 sq ft adjacent to fellow Scottish outlet debuts Moss, which recently opened its refurbished store, and kate spade new york. The store features a strong selection of its signature outerwear ranges and accessories in a modern interior, elevating the customer experience. 

Johnstone Property Consultants and Time Retail Partners act for Caledonia Park.