Canary Wharf ranked as UK’s number one shopping destination as retail sales and footfall hit all-time highs – 18.12.24

• Footfall exceeds 70 million
• Over 40 new retail, leisure and hospitality openings in 2024

Canary Wharf is ranked as the UK’s number one retail destination, by Green Street. [1]  In 2024, more than 70 million guests visited the retail offering at Canary Wharf. This record-breaking footfall exceeded 2023 by approximately 7.5%.

A host of new lettings have been signed with Diptyque, Office Shoes, Din Tai Fung, and Laderach. These latest retailers follow the announcement that Imbiba will open a spectacular 65,000 sq ft leisure and hospitality venue at 12 Bank Street including a rooftop bar overlooking the newly launched Eden Dock.

Over the last 12 months Canary Wharf has opened more than 40 new stores and leisure offers and has firmly established itself as foodie destination with over 80 café, bars and restaurants. Recent openings include Roe, Kricket, Marceline, Hovarda, The Cube, Next, Trinny London, Watch House, Third Space, Joe & The Juice, Blank Street, Chia Guys, Gails Bakery, Newbie, Pop Mart and Castore.

Shobi Khan, Chief Executive Officer of CWG, said:

“Canary Wharf is a dynamic urban hub, a city within a city, successfully blending living, working and leisure. With over 320 bars, cafes, restaurants and shops, our sales, footfall and occupancy figures are testament to the attractiveness of the Wharf, demonstrated by the recent ranking of Canary Wharf’s retail centre as the UK’s number one retail destination1.

“We continue to enhance our retail, leisure and hospitality offering, curating a thriving seven-day destination for all those who work, live and visit the Canary Wharf. This offering is supported by a host of amenities including open water swimming, GoKarts, GoBoat, padel, and competitive social concepts like FairGame, THE CUBE and Electric Shuffle. Our commitment to deliver an exceptional environment, includes pushing the boundaries of what can be achieved in an urban setting, exemplified by our recent Eden Dock launch creating an urban oasis in the heart of the Wharf.

“The calibre of the deals we have achieved this year coupled with our growing restaurant selection and leisure amenities, further strengthen our position as a leading mixed-use destination and we are energised and excited to head into 2025 as our evolution continues.”

Rob Virdee, Head of European Retail for Green Street commented:

“Canary Wharf is the top-ranked shopping centre in the UK. Green Street ranked approximately 3,200 retail locations across the U.K., evaluating each on a Health Index.  The Health Index is a proprietary quantitative evaluation of asset health and attractiveness, focussed on occupier fundamentals such as vacancy, demographics, competition, anchor store presence, and consumer dwell time.”

Speaking about their new store, set to open in early 2025, Amanda Morgan, Managing Director UK for Diptyque, said:

“We’re excited to open Diptyque in Canary Wharf, a dynamic hub that blends a thriving community of professionals, tourists, and residents. Its prime location and bustling energy make it the perfect setting to introduce our unique fragrances to a diverse audience.”

[1] The Retail Health Index is published by Green Street