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- 2021 -16 MarchShopping Centres
SGS reveals host of new lease deals
SGS, the property company that manages four UK retail and leisure destinations – Lakeside, Atria Watford, Braehead and Victoria Centre – has announced a string of lease renewals, extensions and new deals. One of the deals, will see Apple renew its lease on a 5,502 sq ft space at its…
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16 MarchHigh Street
Footfall rises for seventh consecutive week
Footfall across UK retail destinations rose for the seventh time in eight consecutive weeks last week, up 7% according to the latest Springboard data. Footfall rose on five of the seven days last week, increasing by 10% on each day between Thursday and Saturday with a peak of 14.1% on…
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15 MarchHigh Street
Oxford Street kicks off £150m regeneration plan
Westminster City Council has launched its “ambitious” £150m plans to renovate Oxford Street, beginning with a series of temporary interventions to encourage higher footfall after lockdown. The initial interventions aim to boost footfall and support businesses in the area, and will be closely followed by council-led projects that will “permanently…
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9 MarchHigh Street
WH Smith lockdown trading exceeds expectations
WH Smith has revealed that the group has delivered a “better than expected performance” during the latest lockdown period. According to the high street retailer, it has “adapted well” to the evolving trading environment and despite reduced footfall, revenue in its High Street business in January 2021 was at 74%…
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8 MarchHigh Street
February footfall falls by 73.5%
UK retail footfall for February reportedly fell 73.5% year-on-year, the second largest decline seen since May 2020. According to the British Retail Consortium, the drop represented a 3.4% improvement from January’s levels. The data stems from the latest ShopperTrak analysis, which has joined Sensormatic Solutions in turn changing the footfall…
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4 MarchHigh Street
February footfall rises across all destinations despite lockdown
Footfall across UK retail destinations rose by 16% in February against the previous month, despite the continuation of lockdown and ongoing restrictions on non-essential retail. According to Springboard’s latest footfall monitor, this marks the largest month-on-month increase for February since its footfall data first became available in 2009. Footfall rose…
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2 MarchHigh Street
Card Factory confirms refinancing plans
Card Factory has issued a liquidity update which confirmed the groups intentions to “refinance” as the banks have provided further waivers in respect of “anticipated covenant breaches” through until 31 March 2021. The group claimed that the banks had taken into account the company’s cash flow projections and that it…
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Feb- 2021 -25 FebruaryHigh Street
Retail set for 50% April increase to footfall
UK retail destinations are expected to see footfall rise by 47.9% upon the reopening of non-essential retail and outdoor hospitality in April. According to the retail analyst Springboard, footfall from the 12 April will be 128.5% higher than it was for the same week in 2020. High streets and shopping…
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23 FebruaryCoronavirus
Footfall rises for fifth consecutive week
Footfall across UK retail destinations rose by 6.8% last week against the week before, marking the fifth consecutive week of uplift ahead of the PM’s highly anticipated ‘roadmap’ announcement yesterday. According to the latest data from Springboard, this was only a fifth less than the rise of 8.5% in the…
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19 FebruaryComment
E-commerce: The benefits and hidden dangers for an independent retailer
Over the past year, repeated lockdowns and tiered restrictions have forced retailers to close their premises and halt trading. Customers have had little choice but to do more of their shopping online. For independent retailers, e-commerce could provide an opportunity to take advantage of recent shifts in shopping behaviour and…
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