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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Jan- 2021 -7 JanuaryClothing & Shoes
Joules reports online sales boost over Christmas
Joules has reported the group’s online retail channels received a sales boost during the seven-week period to 3 January 2021, with total online retail sales soaring by 66% year-on-year over the Christmas season. The group noted this was primarily driven by traffic growth and improved conversion rates across its digital…
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Dec- 2020 -23 DecemberAdvice
Four positive signals of a happy new year for retailers in 2021
The resilience of retail has been a remarkable success story of 2020 in the face of continuing huge challenges. The pandemic has forced new ways of trading, from the obvious ways of ensuring COVID-safe spaces to rethinking how to target consumers spending the majority of their lives at home. For…
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17 DecemberLuxury Goods
Watches of Switzerland profits soar in H1
Watches of Switzerland has reported an increase in its half-year profits, with profit rising to £36.2m in the 26 weeks ended 25 October, up from a £9m loss reported the prior year. Total sales fell 2.6% on a constant currency basis to £428.7m in light of forced lockdowns and other…
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15 DecemberClothing & Shoes
H&M sales slump in final quarter
H&M has announced that net sales fell by 10% in the quarter ended 30 November 2020, following the impact of store closures and ongoing Covid-19 restrictions around the world. In its latest trading update, the group noted that overall sales have fallen by 18% in its full-year of trading, despite…
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3 DecemberHigh Street
Post-lockdown footfall increases by 64.5%
Springboard has revealed that footfall across all UK retail destinations was 64.5% higher yesterday ( Wednesday 2 December) than the Wednesday prior, as the nationwide lockdown came to an end. The increase in activity was seen to have occurred most in high streets and shopping centres increasing 80.4% and 133.2%…
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2 DecemberAdvice
Why we should be focussing on repurposing and not death of the high street
For several years, there has been a very evident and well publicised demise of local high streets as they struggle to compete with the ease and efficiency of online shopping. This has led to what is commonly termed the ‘death of the high street’. According to research from the Local…
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1 DecemberCoronavirus
Footfall surges for second week thanks to Black Friday
Footfall on Black Friday increased by 8.7%, helping to mark the first time since late August that the figures have increased in two consecutive weeks, according to the latest data from Springboard. The data shows that footfall in the UK rose by 4.8% across all retail destinations last week, which…
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Nov- 2020 -23 NovemberHigh Street
Third of consumers to shop this Black Friday
More than a third of UK shoppers are planning to participate in this year’s Black Friday, with 36% stating they will make a purchase during the annual event, according to new research by KPMG. Its latest study polled 2,000 consumers about their spending intentions for Black Friday, and found that…
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19 NovemberDIY
Kingfisher reports 17.6% sales growth in Q3
Kingfisher has announced that sales rose by 17.6% to £3.5bn in the third quarter ended 31 October. In light of the return of regional and national lockdowns across the UK, ecommerce sales soared by 153% in the period, which contributed towards 17% of the group’s overall sales. The B&Q owner…
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18 NovemberHigh Street
British Land profits slump 29% in half-year results
British Land has reported that underlying profit slumped 29.6% to £107m in its latest half-year results, down from £152m the prior year, attributable to the impact of Covid-19 on the retail sector. Simon Carter, incoming CEO of British Land said the results reflected the “challenges” in retail against the backdrop…
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