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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Jul- 2023 -12 JulyHigh Street
June footfall sees highest increase since 2009
High inflation and rising interest rates did not impact consumer activity across UK retail destinations last month, according to Springboard, who reported both the highest month-on-month and annual increases in footfall for June in any year since 2009. Footfall rose by +3.7% over the month from May to June, against…
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11 JulyProperty
British Land praises ‘winning’ retail park format ahead of AGM
British Land chief executive, Simon Carter, has said that retail parks “continue to be a winning retail format” due to their affordability, omnichannel compatibility and low capex requirements ahead of the group’s AGM. This comes as the retail park format continues to perform strongly for British Land, with occupancy reaching…
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7 JulyNews
LFL sales nudge up 1.9% in June, BDO finds
Like-for-like retail sales improved marginally in June, up 1.9%, according to new data from BDO LLP. The latest BDO’s high street sales tracker shows that LFL sales growth remains well below CPI inflation, meaning that sales volumes have fallen significantly as consumers continue to tighten the purse strings. Sophie Michael,…
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7 JulyHigh Street
Heatwave dampens June footfall
Footfall fell -1.9% in the five weeks from 28 May to 01 July 2023 as hot weather meant that shoppers strayed from the high street, according to BRC-Sensormatic IQ data. The fall was worse than the three-month average increase of -1.1% and comes as high street footfall increased by 0.6%…
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Jun- 2023 -30 JuneComment
To attract and delight customers online, you have to offer immersive experiences
By 2021, 82% of the UK population had purchased at least one product online. The digital age may be approaching a tipping point, but is it already here? Is traditional marketing set to reign supreme once more? In an era where most of the global population uses the internet, standing…
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28 JuneHealth & Beauty
Boots to close 300 stores despite strong Q3 sales
Boots will reportedly shut 300 branches across the UK over the coming year, despite the group’s retail sales increasing by 13.4% in its third quarter of trading, as the retailer looks to consolidate the business. According to the BBC, the move will see its portfolio fall from 2,200 stores to…
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27 JuneHigh Street
Hot weather fails to tempt shoppers as footfall drops by 2.3%
The recent hot and sunny weather failed to tempt shoppers last week, as footfall across all UK retail destinations fell by -2.3% against the week before, according to new data from MRI Springboard. This was a “sharp” contrast with the week before last, when footfall rose by an average of…
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12 JuneHigh Street
Footfall records highest annual rise since easter despite 5.2% decline
MRI Springboard has recorded the highest rise in annual footfall since Easter with a +6.3% increase versus 2022 despite footfall across UK retail destinations declining by -5.2% last week from the week before. Across the week, footfall was lower than the week before on every day between Sunday and Friday,…
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9 JuneNews
May records negative retail sales for the first time since 2021
May experienced negative retail sales marking the end of 26 months of positive results, dating back to March 2021, according to new data from accountancy and business advisory firm, BDO. According to BDO’s latest High Street Sales Tracker, total like-for-like (LFL) sales, in-store and online combined, fell by -1.5%. Despite…
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5 JuneAnalysis
Could WHSmith secure Toys R Us’ success through concessions?
After disappearing from UK high streets and retail parks in 2018, Toys R Us has made plans to relaunch this summer across several locations, as well as in the form of concessions in WHSmith branches. The children’s toys retailer exited after falling out of favour due to strong competition from…
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