Pavilion festive results exceed expectations
The Pavilion Shopping Centre has released its festive season figures, showing phenomenal year on year growth with R366 million in turnover, 2.7 million visitors and 735 297 vehicles.
The Pavilion achieved a turnover increase of 21,4%, one of its highest monthly turnover growths ever shown. The centre showed a 5,4% increase in foot traffic from last December with a whopping 123 687 people visiting the centre on 23 December.
Another interesting growth in turnover was in the quarter leading up to Christmas (October - December 2005) which increased by 19.2%, "an indication that spending began earlier this year," says Pavilion Centre Manager, Preston Gaddy.
The Pavilion's Top 10 performer's included Edgars, Checkers Hyper, Game, Woolworths, Pick n Pay, Truworths, Toys R Us, Mr Price, Clicks and The Hub Trading Company. These stores contributed to 53% of The Pavilion's overall turnover in December 2005.
