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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Oct- 2022 -27 OctoberHealth & Beauty
Fragrance Group sales and profits boosted by omnichannel strategy
The Fragrance Shop has reported increased annual sales and profits as it bounced back from the impact of the pandemic and “reaped the benefits” of investment in its omnichannel strategy. During the 53 weeks to 2 April 2022 it saw total turnover rise 42.5%to £156.83m and profits measured by EBITDA…
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25 OctoberHigh Street
Footfall falls 2.3% amid falling incomes and political uncertainty
Footfall across UK retail destinations declined by -2.3% last week from the week before, with drops in all three key destination types – -3.3% in high streets, -1.5% in retail parks and -0.7% in shopping centres, according to the latest data from Springboard. Springboard said this indicates “consumer nervousness” as…
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17 OctoberHigh Street
Footfall increases marginally as city centre workers return to office
Footfall across UK retail destinations rose marginally by +0.8% last week from the week before as performance was boosted by the return of office workers in city centres, according to the latest data from Springboard. The rise in footfall of +1.6% in high streets from the week before was predominantly…
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14 OctoberHealth & Beauty
Boots sales surpass pre-pandemic levels in FY22
Boots has seen retail sales exceed pre-pandemic levels as it delivered strong growth for Q4 and the full year ending 31 August 2022. The group said its performance “significantly” contributed to a 65% increase in full year adjusted operating income for WBA International. Its sales results in the period were…
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11 OctoberEconomy
Retail sales rise 2.2% in September
The British Retail Consortium (BRC) Sales Monitor reports that, on a total basis, sales increased by 2.2% in September, against an increase of 0.6% in September 2021. According to the BRC, the UK retail sales also increased 1.8% on a like-for-like basis from September 2021, when they had reportedly decreased…
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7 OctoberClothing & Shoes
Superdry swings to profit but ‘cautious’ on near future
Superdry has returned to profitability as pre-tax profits surged to £21.9m in the 53 weeks ended 30 April 2022 (FY22), compared with a loss of £12.6m in FY21. However, the company said it remains “cautious” about the near future amid a “challenging” macroeconomic environment, high levels of inflation, and the…
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6 OctoberHigh Street
Footfall slows to +6.8% in September
UK footfall slowed for the third consecutive month and now sits just 6.8% compared with the same period in 202, as the rising cost of living cuts consumer visits according to the latest data from Springboard. Springboard revealed that superficially September’s results suggest that footfall has largely been unaffected by…
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4 OctoberAnalysis
How can retail companies prepare for a more scrupulous festive season?
After two years of Covid-impacted festive periods, any hopes that the retail industry had for a return to normal in 2022 has been thwarted by the cost-of-living crisis. Springboard has recently forecast that footfall across all UK retail destinations will decline on a month to month basis by -4.9% in…
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Sep- 2022 -27 SeptemberAnalysis
Could Selfridges succeed where others have failed?
UK high streets have been on the decline for many years now, having lost 83% of all department stores nationwide in the past five years alone. Unsurprisingly, the departure of these businesses has left gaps in trade within high streets. It was reported that 50 shops a day closed their…
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26 SeptemberHigh Street
Footfall set to plummet in lead up to Christmas
Springboard has forecast that footfall across all UK retail destinations will decline on a month to month basis by -4.9% in September, by -2.5% in October and by -0.3% in November, but it will then increase from November to December by +6%. It predicts this period to eradicate the gains…
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