Record shop Rough Trade has seen a rise in sales and footfall as the business has been benefitting from music tourism and the Oasis tour, Retail Week can reveal.
Rough Trade told Retail Week that both the Oasis tour and “music tourism in general” has had a “positive impact” across the summer.
From July 1 to August 10, sales across Rough Trade UK has risen 23.6% while footfall has risen 32% and 14% on a like-for-like basis. LP sales also rose 32% in this period.
The retailer also announced a £50,000 employee bonus fund following a “landmark financial year” and will be distributed among eligible UK employees in August.
It will also contribute 20% of net profits into this year’s bonus fund, which will be shared across 110 employees with an average distribution of £454.55.
Rough Trade director of people and operations David Anderson said: “Our team is the heart of everything we do.
“This bonus is more than a financial gesture – it’s an acknowledgment of the creativity, commitment and camaraderie that fuel our continued evolution as an independent music retailer.”
Rough Trade also recently expanded its partnership with John Lewis to feature a curated vinyl range in 23 stores, while Selfridges housed a pop-up for the record shop for a month ending August 10.
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