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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Mar- 2022 -9 MarchComment
How experiential CX is revitalising in-store retail
The rise of online retail, advances in technology and changes in consumer behaviour have transformed the retail landscape. While this has brought inevitable extinction for many brands, in typical Darwinian fashion, those able to adapt to their new environment continue to thrive. Liz Ward, Head of Sales and Marketing at…
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9 MarchNews
A reshaping of town centres
“The last two years have been tumultuous for retailers but the closures we’ve seen are an acceleration of what was happening before the pandemic,” says Lisa Hooker, consumer markets lead at PwC. The accounting firm recently published a report monitoring the openings and closures of large-chain highstreet operators. It concludes…
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3 MarchEconomy
Footfall strengthens amid largest monthly rise since June
With a gap of -20.7% from the 2019 level, footfall in February strengthened marginally from January when it was -20.8% below 2019, according to Springboard. This was driven by a month on month increase of +9.1% which was the largest single monthly uplift since June 2021 and nearly three times…
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1 MarchHigh Street
Footfall rises 11% as weather improves
Footfall rose by +11.1% across all UK retail destinations last week from the week before, when it dropped by -3.8%, according to Springboard. The company said this uplift emanated from a bounce back in footfall on Friday and Saturday when footfall averaged +43.3% higher than the week before, “helped by…
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Feb- 2022 -28 FebruarySupermarkets
McColl’s confirms talks with banks as it fights insolvency
McColl’s Retail Group plc is reportedly trying to secure new funding to prevent its collapse, with millions of pounds of its bank debt being sold to hedge funds, according to Sky News. The outlet said McColl’s is working with advisers on attempts to find a buyer or third parties willing…
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28 FebruaryClothing & Shoes
Primark H1 sales surge 60%
Associated British Foods (ABF) said it expects sales and adjusted operating profit to be ahead of the pre-Covid levels that were achieved in H1 of FY20 for the 24 weeks to 5 March 2022, driven by an expected 60% increase in sales at Primark. Like-for-like sales improved compared to Q4…
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24 FebruaryComment
Why retail sector leaders need to adopt a transformational mindset
The Covid-19 pandemic has caused untold disruption to the business world, turning it completely on its head. It has changed long-established working practices, the fortunes of entire industries and even deeply embedded mindsets. With all the uncertainty that began in early 2020, some retail leaders have, quite understandably, lost a…
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23 FebruaryClothing & Shoes
Ted Baker Q4 sales jump 35%
Ted Baker Plc has announced its group sales increased 35% year-on-year in the 12-week period from 7 November 2021 to 29 January 2022 (Q4), and up from 18% reported in Q3, despite Omicron headwinds. Compared to pre-pandemic levels for the period, retail sales were running at -10% before Omicron warnings,…
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22 FebruaryNews
Storm Eunice curtails footfall rise
Storm Eunice “heavily impacted” footfall across the UK, with a -3.8% decline from the week before and drops in all three destination types, according to retail experts Springboard. However, it said the distortion created by the weather meant that the result between Sunday and Thursday was “wholly different from Friday…
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18 FebruaryNews
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the latest figures from the Office for National Statistics. It also revealed sales volumes were 3.6% above their pre-coronavirus (Covid-19) February 2020 levels. Non-food stores sales rose by 3.4% as home…
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