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- 2020 -27 MayHigh Street
Bank Holiday footfall surges 50% as lockdown eased
High street footfall surged 49% over bank holiday Monday against Easter Monday, according to the latest figures from Springboard. Footfall across retail parks increased by 42% on Saturday compared with Easter Saturday, whilst footfall across all UK retail destinations on both Saturday and Monday was a third higher than the…
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22 MayClothing & Shoes
Burberry sales fall 27% amid Covid-19 pandemic
Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss to the coronavirus pandemic. The fashion retailer also revealed a 57% drop in operating profit to £189m compared with £437m during the same period last year. Additionally, in its preliminary…
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18 MayCoronavirus
Shoppers remain cautious amid lockdown easing, says Springboard
Footfall across bricks and mortar destinations increased by 3.3% between 11 May and 16 May, marking a “cautious” return of footfall, according to Springboard. The latest data from the insights group marked the fourth weekly footfall increase in six weeks, but was “more modest” than the rise of 11.7% in…
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11 MayComment
From dark store to hybrid store – adapting to a new world order
It’s safe to say the embattled UK high street had a rocky start to the year, with a reported 18,248 retail jobs lost and 1,211 shops closed in the first two months of the year alone. In fact, in February, the high street saw a 7.8% drop in footfall, as…
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11 MayCoronavirus
Retail footfall plummets 80%
Footfall across the UK plummeted 80.1% during the month of April, in light of the nation obeying government-induced lockdown measures. According to Springboard, this figure marks a decline of “unprecedented magnitude”, though retail parks fared better with a 68.1% drop in footfall due to the “presence of essential food stores”. …
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6 MayComment
Five ways COVID-19 has impacted e-commerce
COVID-19 has affected e-commerce marketing in all sorts of ways, and especially the fast moving consumer goods (FMCG) sector. Some essential goods are in such high demand that they don’t need any form of advertising to flourish. However, the pandemic has hit non-essential goods dramatically, presenting unique challenges for marketers…
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Apr- 2020 -29 AprilBusiness Bites
The aviation industry is now in very serious trouble
In a sign of just how distressed the aviation industry is, British Airways has announced plans to lay off 30% of its workforce, or about 12,000 employees, and says it expects it to take several years before passenger volumes return to 2019 levels. The chief executive, Alex Cruz, wrote to…
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29 AprilOnline & Digital
Online sales reach 10% of all UK grocery spend amid Covid-19 lockdown
The share of all grocery sales made online reached 10% in the last four weeks ending 18 April 2020, according to new data from Nielsen. According to the data benchmarking firm, this is a rise from the 7.5% total recorded at the end of 2019, as UK shoppers opted to…
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28 AprilCoronavirus
Marks and Spencer suspends dividends, secures funding
Marks and Spencer has announced it will not pay a dividend for the 2020/21 financial year in its latest effort to “maximise its liquidity”. It expects the move to produce a cash saving of around £210m. The retailer revealed it has also reached an agreement with its lending banks to…
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21 AprilClothing & Shoes
Clothing and footwear market forecast to decline by £14bn
The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn according to data analytics company GlobalData. The firm predicts that with clothing stores expected to gradually reopen in June, footfall will remain low as consumers will be “cautious” about visiting…
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