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ABERDEEN RETAIL STILL STRONG DESPITE CREDIT CRUNCH

ABERDEEN RETAIL STILL STRONG DESPITE CREDIT CRUNCH

Pandora Earrings Aberdeen townand Aberdeenshire's buoyant local economy is constant to grow despite the credit crunch hitting the remainder of the united kingdom. Figures from Aberdeen's John Lewis store displaythat sales are sometimesahead on like for like sales, compared with the similar period last year.
Gavin Gourlay, merchandising manager for the storewithin the city's Bon Accord Centre said: "there is not any sign of a slowdown in footfall or sales. particularly we've had extremely smartsales on beauty products and designer hand-bags, up ten per cent, at the same time asthis week's mini-heatwave has caused a 167 per cent rise in sales of designer sunglasses." housesand furnishings also are doing well, up six per cent, at the same time asthe sale of TVs has risen by 24 per cent.
"Visitors are certainly still spending," said Frank Sutherland, manager of Aberdeen's Bon Accord and St Nicholas Centres, the region's shopping hub. "sometimeswe don't have anyt seen any decline in any respect. Aberdeen is constant to greenbackthe national trend. Retailers are sometimesdoing well at the extent of sales per head."
Average weekly earnings in Aberdeen townand Aberdeensrentare well above the national average ￡481, Scotland - ￡432, GB ￡448.6, and well-heeled Aberdonians have amongst the top disposable inincludein the united kingdom, with 70 per of the Aberdeen's core catchment spending well above the Scottish average in diffehirekey categories. greater than partof the region's spenders are ABs and C1s, compared with the Scottish average of round 4five%, and withon this group the choice of topspenders is almostdouble the Scottish average 11% as opposed to6%.Sources: Behind the Granite, Aberdeen townKey Facts 2007/8; NSLSP 2006, CES.
"Aberdeen townand Srentdoes have its own economy, to a undeniable extent," said Louise Scott, head of corporate communications at Aberdeen townCouncil , who's leading Aberdeen townand Shire's regional identity campaign. "Our colourfulbusiness community is in fact, fuelled by the buoyant oil industry. However, the region could also be the main manufacturerfor Scotland's food and drinks industry, we now have the top concentration of life science companies in Europe and likewise are very strong on research and development, led by our world-eleganceuniversities Pandora Earrings Silver."
The topdisposable income enjoyed by many within the region signifies that despite the credit crunch, Aberdeen townand Aberdeensrentare currently getting ready to a fewthing of a retail renaissance. the hot arrival on Union Street of Cruise/Boss, G-Star Raw and topand cany, have all raised the bar and providesn a lift to the global- a welcome progressionfor the Aberdeen's many fashionistas who prior to now needed to take trips to other cities to get their retail fix.
There also are numerous new retail possibilitiesopening within the following few years in Aberdeen with the brand new Union Square progressionand additionalphases of the Bon Accord Quarter scheme in order to peer a dramatic increase within the total retail space.
The regeneration of the historic Green area of the town could also be continuing. numerous new hotel developments are within the pipeline for Aberdeen towncentre, including a ten7 bedroom hotel in order to even be the centrepiece of the ￡30 million townWharf progressionclose toUnion Street. And within the West End, ￡7 million is being spent refurbishing a hotel right into a cutting-edge Malmaison.
Meanat the same time asaround ￡30 million may well be spent on two new hotels' close toAberdeen's airport. The international Hilton chain proposes a 175-room Hilton Garden Inn at Dyce, and the basicCourtyard by Marriott hotel in Scotland will also be planned Pandora Necklace.
Despite the wealth inside the region however, it kind of feels to be the straightforwardr things in life which are the attraction for the numerous families moving to the world.
Aberdeensrentrecently pop out top in Scotland for quality of life, in line with Halifax Bank of Scotland HBOS research.
a form of things within the local authority were measured, and the low levels of crime and traffic coupled with topemployment meant it wbecause the one Scottish local authority in Scotland to make the list. Aberdeensrentalso boasts fitresidents, toplife expectancies and massiver tha popularhouses.
Aberdeensrentalso that you canpped the HBOS quality of life list in education, boasting the smallest elegancesizes within the united kingdom. The state and non-publicschool sectors in Aberdeen townand Aberdeensrentall pershapeconsistently highly within the league tables duringScotland, with both state and non-publicschools appearing within the Top 10, ranked in line with examination achievements.
"the very most efficientwork/life balance is the holy grail of recent times," said Jim Knowles, head of monetaryprogressionat AberdeensrentCouncil. "The out-door approach to lifeof the region is cited in most cases as a deciding factor by individuals who selectto stick on here, occasionallyfollowing a company move from elsewhere within the united kingdom or overseas. However we also are fortunate that we've got a strong local economy that couldwithstand far of the present economic uncertainty Pandora Necklace Silver."

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