Posted: 15/12/2015

Former M&S boss to chair Time Out London food market

Mercado da Ribeira Lisbon
Lisbon’s Mercado da Ribeira was taken over and revamped by cultural listings publisher Time Out

Former Marks & Spencer boss Lord Rose has been named as the chairman of the planned London Time Out Food Market.

Plans for the new market were unveiled in July this year by cultural listings publisher Time Out, whose sister publication in Lisbon runs the famous Mercado da Ribeira in the Portuguese capital.

The London market, which is set to include food and drink stalls as well as host art and cultural events, is expected to open in 2017 and will be followed by a market in New York in 2018.

As chairman of the Time Out Markets business, Rose will oversee these openings and the potential expansion of the concept to other major cities.

Time Out took on the running of the 75,000 sq ft Mercardo da Ribeira after Lisbon City Council announced it was looking for new partners to boost the market as and establish it as a major food destination in 2010. The iron-work building was established in 1892 but the markets roots can be traced back to the 13th century.

Time Out Lisbon embarked on a process of revamping the market it to give it a fresh look and opened its main draw, the food court, in 2014. This comprises around 34 food concessions and cafés around the sides of the indoor hall square selling Portuguese food and traditional produce, along with cafés and a central seating/dining area.

There is also a traditional market selling fresh produce daily, while the upper floor of the distinctive dome houses a concert hall and gallery.

Last year the market attracted around 40,000 people visit in peak season.

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