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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Nov- 2020 -18 NovemberComment
Planning for the new digital saltation
Digital evolution, over the last 10 years, has been a steady move from offline to online. Since the mid-noughties until very recently, we’ve seen gradual increases in online sales compared to overall retail sales. Then COVID-19 happened, and the world changed. But our desire to purchase didn’t. We still needed…
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17 NovemberCoronavirus
Lockdown footfall ‘more resilient’ than in March
Footfall across UK retail destinations showed signs of resilience when compared with the first national lockdown last week, with footfall 57.7% lower than the same week in 2019, according to the latest figures from Springboard. Springboard said this is “demonstrably more resilient” than it was in the first complete week…
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16 NovemberComment
The future of retail, where one size fits none
When writing this introduction, perhaps somewhat naively, I Googled ‘what was the most challenging time in all of history for retailers?’; thinking I could find some anecdotes about a time when retailers overcame hardships greater than those we face currently. As it turns out, the most challenging time in modern…
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10 NovemberHigh Street
Pre-lockdown boost sees retail sales up 4.9%
UK retail sales increased by 4.9% on a total basis in the four weeks ended 31 October 2020, according to the latest BRC-KPMG retail sales monitor. In October, UK retail sales increased 5.2% against the 0.9% decrease the preceding year. During this period, like-for-like sales were measured excluding temporarily closed…
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6 NovemberClothing & Shoes
Superdry H1 revenues fall 23.3%
Superdry has announced that total revenue fell by 23.3% in the half-year period ended 24 October 2020, reflecting the challenging trading environment attributed to the continued disruption from Covid-19. Like-for-like store trading in the last six weeks of H1 was down 32.4%, with UK trade impacted by continued social distancing…
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3 NovemberEconomy
Half-term sees footfall rise 6.2%
Footfall rose by 6.2% during half-term in the UK, according to the latest data from retail experts Springboard. This is despite a 53.7% footfall decrease in Wales, following the country’s two-week ‘firebreak’ lockdown. Retail park, high street and shopping centre rose by 3.5%, 5.2% and 11% over the period, respectively.…
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2 NovemberHigh Street
Christmas footfall predicted to drop by 62%
Christmas footfall over the six weeks from Sunday 22 November to Saturday 26 December across all UK retail destinations will be down by 62%, according to the latest estimates from Springboard. The data analysts said the new national lockdown restrictions will see retailers miss out on the start of “essential”…
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Oct- 2020 -29 OctoberClothing & Shoes
Shoe Zone to close fifth of stores over next two years
Shoe Zone has announced it expects to close a further 90 stores in the next 18 to 24 months, attributing the closures to the continued impact of Covid-19. The shoe retailer said it will close up to 45 stores by April 2021 in a move that will create “numerous” redundancies,…
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28 OctoberClothing & Shoes
Next Q3 sales fall 17%
Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm said its markdown sales were 12.3% lower than last year attributing to “lower footfall” in retail stores and “capacity constraints” in the online warehouses. Cash flow forecast increased by £25m,…
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28 OctoberEconomy
Retail sales drop at sharpest pace since June
Retail sales figures in the UK have fallen at the sharpest pace since June, according to the Confederation of British Industry’s (CBI) latest monthly Distributive Trades Survey. In the survey of 116 firms, including 54 retailers, non-food retail categories such as department and clothing were among those reporting falling sales.…
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