Popular now
Ocado confirms job losses amid £150m cost-cutting drive 

Ocado confirms job losses amid £150m cost-cutting drive 

Angling Direct FY revenues rise 13.8% to ‘record’ £103.9m

Angling Direct FY revenues rise 13.8% to ‘record’ £103.9m

EG Group to exit French market in debt reduction move

EG Group to exit French market in debt reduction move

Retail footfall takes a hit with Scotland showing sharpest decline

Retail footfall takes a hit with Scotland showing sharpest decline

On this episode of Talking Shop we are joined by Guy White, Founder of Catalyx. After a decade leading global portfolios, Guy launched Catalyx to fix a "broken" innovation process using behavioural science and AI. We discuss uncovering hidden consumer tensions, why traditional focus groups are failing retailers, and how to prove premium value in a competitive market. We also explore the courageous decisions leaders must make to stay relevant.

Register to get 2 free articles

Reveal the article below by registering for our email newsletter.

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures.

New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %).

Despite footfall falling in the high street in January, footfall in retail parks grew by 0.9% above the three-month average of 0.2%.

The South East and the West Midlands also saw a strong growth growth in the retail park sector, 4.0% and 3.3 percent respectively. Shopping Centre footfall also took a hit, falling by 3.1% in January.

Helen Dickinson OBE, chief-executive of the BRC, said: “January painted a picture of divided fortunes with a slight improvement in town vacancy rates but decline in shopper footfall.

“The latter fell in line with the underlying trend of reduced customer activity in shopping destinations, compounded by the squeeze on discretionary spending. Meanwhile retail sales continue to be buoyed by inflation, masking the lack of real growth.

“If we look beyond the seasonal distortion, the pressures to rationalise and downsize store portfolios are continuing to build as structural and technological change gains momentum. Given that planning applications for new shops have fallen for the ninth year in a row, the mounting cost of property taxation will inevitably mean more empty shops on the high street.”

Previous Post
The changing face of retail and retail employment

The changing face of retail and retail employment

Next Post
Aldi reclaims title of ‘nation’s favourite supermarket’ in satisfaction survey

Aldi reclaims title of ‘nation’s favourite supermarket’ in satisfaction survey

Secret Link