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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May- 2021 -19 MayAnalysis
The Great Covid Experiment – Is the Pure-play Retailer Dead?
A year of enforced change in buying habits where pretty much everything went online is set to revert to “the new normal”. Yes, the Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain…
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18 MayHigh Street
Retail footfall rises 0.5% as shoppers return to high streets
UK retail footfall rose by 0.5% last week, predominantly driven by a 3.9% increase across UK high streets, as shoppers continued to return to high streets following the easing of restrictions last month. According to the latest data from Springboard, whilst retail footfall overall increased, retail parks footfall declined by…
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18 MayShopping Centres
Westfield owner confirms €1.25bn bond placement
Unibail-Rodamco-Westfield, the owner of Westfield shopping centres, has announced a successful €1.25bn (£1.07bn) bond placement. The two-tranche senior bond offering is intended to both strengthen the group’s liquidity position and extend its debt maturity. The placement features a €650m (£559m) bond with a seven-year and five-month maturity and a 0.75%…
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17 MayClothing & Shoes
Mamas & Papas extends Next partnership
Mamas and Papas, a nursery and childrenswear retailer, has announced plans to extend its concession partnership with Next. The decision follows strong footfall therefore and sales performances since the easing of lockdown restrictions in April. In turn, the group has opened a 2,000 sq ft space in Next’s Brent Cross…
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12 MayAdvice
How to benefit from the forthcoming massive wave of ad spend
The recent IPA Bellwether on marketing budgets in the UK has revealed that 2020 saw a fast paced decrease in spend as the effects of the pandemic naturally hit home. Now, as we continue to emerge from the worst of the effects, their forecasts are that there will be a…
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12 MayHigh Street
Young shoppers main drivers of high street footfall, data finds
Millenials are the primary drivers of high street footfall in the UK since non-essential retail stores in England reopened on 12 April, according to new data from global payments platform Adyen. Over a third (34%) of young people surveyed by the service said that they missed physical stores while they…
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10 MayHigh Street
UK retail footfall drops 4.1% amid poor weather
Footfall across UK retail destinations declined by 4.1% last week from the week prior, which was attributed to the impact of poor weather, according to the latest data from Springboard. Activity in high streets also dropped to 6.6%, whilst in retail parks and shopping centres footfall declined by just 1.3%…
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7 MayAnalysis
How Amazon delivered a smart retail customer experience with a human touch
Competition in modern retail is all about customer experience, and during the pandemic e-commerce and digital retail has accelerated rapidly, creating new customer expectations around digital experiences. According to the ONS, online retail sales grew by 46% in 2020 compared to the previous year – the largest increase since 2008.…
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5 MayHigh Street
UK retail footfall hit by bad weather
New data from Springboard has revealed that footfall at UK retail destinations dropped by 2% last week from the previous seven-day period, despite the reopening of non-essential retail stores across the country. The footfall decrease was primarily due to a considerable drop of 6.1% in high street footfall, despite footfall…
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Apr- 2021 -30 AprilHigh Street
Card Factory trading performance ‘exceeds expectations’
Card Factory has announced that its performance following the reopening of stores in England and Wales “exceeded its expectations”. The company has also revealed that it has agreed headline terms for refinancing of the group with its current syndicate of commercial lending banks, with a further update due in the…
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