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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May- 2024 -1 MayLuxury Goods
Mulberry revenues decline 4% in FY24
Mulberry Group revenues fell by 4% in the year ended on 30 March compared to the previous year against a backdrop of challenging macroeconomic conditions and a decline in luxury consumer spending. Losses for the full year will be impacted by the additional operational costs of new stores in Sweden…
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Apr- 2024 -22 AprilNews
Gloucester Quays footfall rises 7% in FY24
Gloucester Quays has revealed a record period of sales and footfall performance up 11% and 7% respectively. The outlet is also celebrating its 15th anniversary, going from a new destination in the South West when it launched in 2009, to establishing itself as the dominant retail and leisure hub in…
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19 AprilEconomy
Retail sales remain flat in March
Retail sales volumes remained flat in March 2024 following an increase of 0.1% the previous month, according to official data by the ONS. Non-food store sales volumes rose by 0.5% over the month, with increased footfall reported by some retailers. This is consistent with the rise in footfall on the…
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8 AprilClothing & Shoes
Zara to upsize shop at Bullring and Grand Central
Zara will significantly upsize its store at Bullring and Grand Central, as part of the repositioning of the Birmingham city centre asset and the repurposing of a former department store space. In a move that completes the repurposing of the former Debenhams, Zara is taking the top floor above M&S…
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5 AprilGovernment
Theo Paphitis slams gov’s ‘disappointing’ attitude towards retail
Theo Paphitis has called out the government’s “disappointing” attitude towards the industry’s importance, Retail Week has reported. It comes as Paphitis’ retail group, which comprises Ryman, Robert Dyas and Boux Avenue, achieved improved profitability in its full-year results. Paphitis said he had increased investment in his brands, whilst the government was…
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4 AprilNews
Today’s news in brief-4/4/24
In March, UK retail footfall experienced a modest increase of +1.7% compared to February, signalling a stabilising trend according to MRI data. Retail parks led the rise with a +4.3% increase. Despite mid-month declines, the week leading to Easter saw footfall rise by +10.3%. Although impacted by weather and holiday…
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4 AprilHealth & Beauty
Kiko Milano to open new store in Angel Central
Italian cosmetics brand Kiko Milano is set to open a new store in Islington’s retail destination Angel Central as part of the brand’s expansion plans across the UK. Kiko Milano will open an 818 sq ft unit at Angel Central later this month, adjacent to brands such as Rituals and…
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4 AprilHigh Street
Footfall shows signs of stability as Easter break provides modest boost
March witnessed a modest rise in retail footfall across the UK, with an increase of +1.7% compared to February, signalling the lowest month on month rise for this period in the last decade, according to the latest data from MRI. MRI said the data suggests that footfall trends are starting…
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3 AprilNews
Today’s news in brief-3/4/24
Amazon is reportedly discontinuing its Just Walk Out checkout system in US Amazon Fresh stores, opting instead for Dash Carts, which allow shoppers to pay as they shop. The move, announced by Tony Hoggett, Amazon’s senior vice president of grocery stores, aims to enhance customer experience by integrating features like…
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3 AprilSupermarkets
Supermarket sales jump 5.4% in March
Total till sales at UK supermarkets grew 5.4% in the four weeks ended 23 March 2024, according to data from NIQ. Whilst this is a slight increase compared with the 5.3% growth reported last month, the drop in food inflation (3.7%) compared with 15% last year has encouraged shoppers to…
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