Footfall
This coverage explores footfall trends and their impact on the UK retail sector. Reporting includes data on shopper visits, analysis of high street and shopping centre traffic, seasonal fluctuations, and the effectiveness of initiatives to drive in-store engagement. Designed for retail executives and managers, it offers insights to inform operational planning, marketing strategies, and store performance evaluations.
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Jun- 2024 -27 JuneAdvice
How to make the most out of random uplifts in footfall
Heightened footfall in any given month is mostly random, and even when you can anticipate it – if there’s a big event going on or if it’s a public holiday – something is bound to make the footfall on those days either lacklustre or bountiful, such as the weather. The…
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27 JuneNews
Halfords profits fall by 18.3% in FY24
Halfords has seen its pre-tax profits fall by 18.3% to £36.1m in the year ended 29 March. The retailer attributed this to market volumes in cycling and consumer tyres falling year-on-year, worse than industry expectations. These markets remain depressed compared to the pre-Covid period, with bike volumes down 30% and…
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21 JuneNews
Today’s news in brief-21/6/24
UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to the Office for National Statistics, sales volumes rose across various sectors, with clothing retailers and furniture stores rebounding after poor weather in April. Over the three months to May 2024,…
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21 JuneEconomy
UK retail sales jump 2.9% in May
UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024, according to the Office for National Statistics (ONS). Sales volumes rose across most sectors, with clothing retailers and furniture stores rebounding following poor weather in April. More broadly, sales volumes rose by…
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18 JuneSupermarkets
Supermarket sales slow in May as wet weather dampens visits
Take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, marking the slowest increase since June 2022 as poor weather and falling inflation impacted the sector, according to the latest data from Kantar. Growth in footfall has also stalled, with the average shopper visiting a…
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7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 JuneAdvice
Here’s why AI can boost your customer experience
Artificial intelligence is revolutionising industries across the board, and retail is no exception. Historically associated with sectors like healthcare, finance, and digital marketing, AI is now making significant inroads into both physical and ecommerce retail spaces. Hitachi Solutions has estimated that $40bn (£31.4bn) in additional revenues was driven by AI…
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7 JuneHealth & Beauty
MRI Software to provide AI footfall data for Holland and Barrett
Holland and Barrett has revealed a partnership with retail property technology group MRI Software, which will provide the retailer with AI footfall analytics. This partnership will mean that the health and wellness retailer will have real-time visibility on store performance metrics across its shops across the UK and Europe. So…
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May- 2024 -31 MayNews
Today’s news in brief-31/5/24
UK supermarkets experienced a 3.3% sales boost in May, attributed to a brief period of warm weather which saw increased sales in items such as ice cream, cider, pre-mixed alcoholic drinks, and mineral water. Visits to stores increased by 2.8%, adding 14.3m visits compared to the previous year, while online…
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31 MaySupermarkets
Supermarkets enjoy 3.3% sales boost in May
Total Till sales at UK supermarkets remained strong at +3.3% growth for the four weeks ending 18 May 2024, according to new data released today by NIQ. This is in line with figures reported last month (+3.4%) and is attributed to the brief period of hot weather during the week…
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