Stockport shopping centre welcomes four major openings and 13 renewals in 2024
Merseyway Shopping Centre in Stockport is hailing a 2024 which saw four major store openings, 13 lease renewals, and an expected footfall of seven million visitors.
Over the course of the year, the scheme has secured the letting of three major retailers – Tesco, Poundland, and Eyehut – and the relocation of JD Sports into a larger unit. Three new tenants at Merseyway are set to be announced in the New Year.
The centre has also renewed or extended the leases of 13 tenants in 2024, retaining key brands such as OFFICE, The Perfume Shop, Pandora, HMV, and Beaverbrooks.
In addition, Merseyway’s The Pop-Up Shop, which allows local independent businesses to test the high street for one to six weeks at a low cost, has also seen a surge in demand. Bookings in 2024 increased by 23% compared to 2023, reflecting the scheme’s growing popularity amongst independent businesses and entrepreneurs.
The redevelopment of Merseyway is part of Stockport’s £1bn regeneration plans, with the centre playing a central role in transforming the town centre into a vibrant and thriving destination. Spring 2025 will see the launch of the ‘Stockroom’ at Merseyway, which will transform 135,000 sq ft of vacant retail unit space into a cultural and creative hub, featuring a modern library, café, and dynamic event spaces.
Councillor Colin MacAlister, cabinet member for economy and regeneration at Stockport Council, said: “Merseyway exemplifies what’s possible with the right mix of investment and vision, and demonstrates how shopping centres can evolve beyond traditional retail and become hubs for creativity and innovation.”
Victoria Nichol, Merseyway centre manager, added: “This year has been a resounding success for Merseyway. The support from both tenants and visitors has been fantastic, and we are proud to play a central role in Stockport’s regeneration. With new tenants, exciting events, and transformational projects including Stockroom, we are looking forward to an even bigger and better year ahead.”