High Street

May footfall boosted by bank holiday weekends, but cost pressures starting to show

Footfall in the first week of the month was just -9.3% below 2019 across all retail destinations, buoyed by the early May Bank Holiday, but then worsened to -16.1% below the 2019 level in the last week

Footfall strengthened in May to -13.7% below 2019, up from -15.9% in April 2022, according to the latest figures from Springboard, however it warned the results still “belie the underlying cost pressures that are starting to reveal themselves”.

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