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.
-
May- 2022 -17 MaySupermarkets
M&S to open new Lakeside store in 2023
Marks and Spencer has announced that it will open a new store at Lakeside centre, situated in Essex, due to launch in Spring 2023. Lakeside’s existing Marks and Spencer store will move from its current location to the new unit, covering 98,000 sq ft of net selling space. The relocation…
Read More » -
16 MayHigh Street
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall in both retail parks (-1.8%) and shopping centres (-2.3%) whilst in high streets footfall rose modestly by +0.7%. This meant that the gap from the 2019 footfall level widened to…
Read More » -
13 MayFeatures
Responsiv: The new age of automation in retail
There is no doubt the landscape of retail is rapidly evolving. Driven by ever-developing technology, the effects of the pandemic, and changing consumer habits, it is no surprise that more and more retailers may be looking towards new technology and automation to help streamline their data and operations in a…
Read More » -
12 MayClothing & Shoes
Superdry revenues bounce back as physical trading returns
Superdry has announced its FY22 revenues surged 59.8% year-on-year to £224.5m as Covid-related store closures and restrictions were lifted in the company’s key markets. However, this is down 21.8% compared to pre-Covid levels as footfall still remains “significantly” below pre-Covid levels. Overall, group revenue increased 8% to £600m, although this…
Read More » -
9 MayHealth & Beauty
Revolution Beauty FY22 sales soar amid Boots partnership
Revolution Beauty has welcomed a “record” Q4 in its latest full-year trading update, attributing the success to its Boots and Walgreens expansions, with half-year sales rocketing 44% year-on-year for the year ended 28 February 2022. The beauty group reported a revenue of £194m, up 42% against the year ending 28…
Read More » -
6 MayHigh Street
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3% in March 2022, according to the latest figures from Springboard. It said that the month was “salvaged” by Easter in the second week, when footfall rose by +9.1% from the…
Read More » -
4 MayHigh Street
Early May bank holiday provides footfall boost
The impact of two bank holidays has led to an uplift in footfall over the last week of April, up 29.5% year-on-year, rising 0.7% week-on-week. According to Springboard, the beginning of the week was still influenced by Easter, due to low comparables in the week before last on Easter Sunday…
Read More » -
Apr- 2022 -26 AprilNews
The pursuit of pop-ups
“Since reopening, retail sales have shown a ‘mixed bag’ of results. While the reopening of physical stores was unquestionably positive for the sector, there are still substantial operating costs associated with reopening which will be affecting retailer margins,” said the British estate agency, Savills. Savills made the comments as the…
Read More » -
26 AprilComment
Why retailers must change their data approach to overcome Amazon
The post-pandemic business landscape has seen retailers fast-track their digital efforts in an attempt to become truly omni-channel – and safeguard against a repeat of 2020’s disruption. Conversely (and perhaps more interestingly), we’re also getting a better sense of where bricks and mortar fits into the strategies of the digital-first…
Read More » -
26 AprilClothing & Shoes
Primark to raise prices amid mounting inflationary pressures
Primark is implementing selective price increases across some of its autumn/winter stock amid inflationary pressures as the retailer’s owner, Associated British Foods plc (ABF), said the company is unable to offset all of the inflationary pressures with cost savings. In its latest trading update for the 24 weeks ended 5…
Read More »