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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Nov- 2022 -28 NovemberProperty
Oxford Street to see 1m sq ft of retail spaces converted to offices
London’s Oxford Street is set to see 1.32 million sq ft of new office schemes proposed for delivery in the next five years, in a move that has been called a “generational change” by Savills. Analysis from Savills found that the extent of potential in the conversion of former retail…
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24 NovemberDepartment Stores
Mothercare appoints new CEO as profit and sales stall
Babywear retailer Mothercare has announced the appointment of Daniel Le Vesconte as group CEO as it revealed a period of tough trading for the half year up to September 2022. Le Vesconte will start his new role in the new year and brings with him a wealth of experience. He…
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22 NovemberHigh Street
Footfall sees Black Friday lull amid cost of living crisis
Footfall across UK retail destinations rose by a modest +1.6% last week from the week before, driven mostly by high streets (+1.7%) and shopping centres (+2.4%) whilst footfall in retail parks remained largely level from the week before (+0.5%), according to Springboard. Springboard said that this indicates “reservation” in consumers…
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17 NovemberHigh Street
Uniqlo to open Covent Garden store
Uniqlo has announced it will open a new store in Covent Garden as it continues its expansion across the UK. The Covent Garden site will be its 17th store opening in the UK, following the Battersea Power Station store last month. It is located with entrances on Long Acre and…
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15 NovemberHigh Street
Footfall sees modest rise amid consumer nervousness over costs
Footfall rose by just +1.3% across UK retail destinations last week from the week before, after a decline of -7.5% following the school half term in the week before last, according to Springboard. Springboard said that the modest increase indicates “consumer nervousness” in the midst of the cost of living…
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8 NovemberClothing & Shoes
Primark sales rocket 43% in FY22
The parent company of Primark, Associated British Foods, has announced that Primark’s total sales rocketed by 43% to £7.7bn in FY22, as the group welcomed a “significant” rise in customer footfall and sales densities. In the UK, like-for-like sales and market shares returned to pre-pandemic levels, though weaker like-for-like sales…
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7 NovemberHigh Street
Footfall declines 7.5% in week after half-term
Footfall across UK retail destinations declined by -7.5% last week, following a rise of +8.2% in the week before last during the school half term holiday week, according to Springboard. The gap from the 2019 footfall level widened to -9.8% last week from -9% in the week before last indicating…
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3 NovemberHigh Street
Footfall gap from 2019 narrows in October to -9.8%
The gap in footfall from 2019 narrowed in October to -9.8% from -12.6% in September and -13.2% in August, according to the latest figures from Springboard. Overall it found the footfall was -10.5% in high streets, -14.7% in shopping centres and -3.3% in retail parks. Meanwhile, the uplift in footfall…
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Oct- 2022 -31 OctoberHigh Street
Footfall sees largest increase since Easter during half-term week
Footfall across UK retail destinations rose by 8.2% last week from the week before, a greater increase than in any week since Easter 2022, according to Springboard. Footfall rose in all three key destination types; by 10.7% in shopping centres, by 8.7% in high streets and by 4.2% in retail…
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28 OctoberHigh Street
Store vacancy rate falls but remains below pre-pandemic levels
In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and 0.6% better than the same period last year, according to the latest monitor from the BRC and Local Data Company. This was the fourth consecutive quarter of falling vacancy rates.…
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