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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Dec- 2020 -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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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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