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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Feb- 2023 -22 FebruaryFeatures
Could stationery retailers be facing a future in concessions?
Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results from big players in this corner of the market, such as Ryman and WHSmith. For starters, Ryman reported a loss of £8.5m in earnings for the first time in 25…
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14 FebruaryHigh Street
Footfall surges 9% amid city centre recovery
Footfall across all UK retail destinations surged +9.1% annually, with a week-on-week footfall boost of +1.6% as office workers returned to city centres, according to the latest figures from Springboard. It found that consumers returned to UK high streets after train strikes the week previous, as Footfall at MRI Springboard’s…
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13 FebruaryClothing & Shoes
Mulberry shutters Bond Street store amid end of VAT-free shopping
Luxury fashion retailer Mulberry has shuttered its Bond Street store after it claimed that the end of VAT-free shopping for international consumers has negatively impacted its sales at the location. Last year chancellor Jerermy Hunt decided to implement the levy which now sees international visitors unable to claim back the…
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7 FebruaryFeatures
Super.Mkt: a symptom of the charity shop revolution
Secondhand shopping has had its moment in the spotlight in recent years, as the stigma of repeating outfits and being seen in an unfashionable charity shop have dissipated to make way for sustainably-conscious shopping. Even before the cost-of-living crisis was on the tip of everyone’s tongues, the appeal of “buying…
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7 FebruaryClothing & Shoes
Crew Clothing to open 40 brick-and-mortar stores by 2025
Crew Clothing has plans to open 40 new brick-and-mortar stores by 2025 across market towns and coastal resorts in the UK, according to The Times. The group’s decision to expand its portfolio of in-person stores comes as it recovered post-pandemic, as it revealed that online and store sales both increased…
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2 FebruaryHigh Street
Return to office boosts weekday footfall in Jan
A return to the office has boosted footfall in January despite the effects of rail strikes over the month, Springboard has said, with footfall up by 10.7% against the prior year. This was greater than the annual uplift of 9.9% reported in December 2022 and marked the largest annual increase…
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Jan- 2023 -25 JanuaryFeatures
What makes a successful retail leader?
It is undeniable that the retail industry has gone through a rollercoaster of a year; footfall has mostly stayed low despite business owners’ attempts at luring customers to the high street and an unprecedented rise in the cost of living has made consumer discretionary spending more discerning. Under these circumstances,…
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25 JanuaryClothing & Shoes
Footfall improves throughout 2022 but remains 14% behind 2019
UK footfall improved throughout 2022, but there still remains a “significant” 14.2% gap to pre-pandemic 2019 levels, according to Springboard’s annual retail review for 2022. However, the figure does mark “a steady improvement”, from -20.8% below 2019 in January 2022 to -10.9% in December 2022. The uplift from 2021, however,…
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24 JanuaryClothing & Shoes
Primark revenues surpass £3bn
Primark owner Associated British Foods has announced that its retail revenues for the year reached £3.15bn. In a trading update for the 16 weeks ended 7 January 2023, the company stated that its retail revenues were up 18% compared with last year and up 15% at constant currency rates. Primark’s…
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20 JanuaryHealth & Beauty
Superdrug sales rise by 16% over December
Superdrug revealed that its like-for-like sales increased by 16% in December, with the group confirming that this Christmas trading period was the “strongest” so far. The group has attributed its performance to consistently good footfall across the entire month, as average weekly transactions in shops were 19% higher than in…
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