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- 2020 -9 MarchHigh Street
Footfall slides in February
Hopes for a stronger footfall were “washed away” last month, according to the latest footfall monitor released by Springboard. The retail data group said that high street footfall fell by 7.8% in February, highlighting “the fragility of the high street”. Shopping centre footfall fell by 2.5%, while retail parks saw…
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6 MarchHigh Street
February retail sales hit by poor weather and Coronavirus concerns
Total in-store retail sales declined by 0.9% in February, according to BDO’s monthly High Street Sales Tracker. The accountancy firm said a mix of poor weather and “growing concerns” around the spread of coronavirus caused retailers to take a hit during the month. Despite this, online sales saw a slight…
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4 MarchShopping Centres
Intu abandons £1bn equity raise plans
Intu revealed it has abandoned plans to raise between £1bn and £1.5bn in emergency cash, citing “current uncertainty” in the equity markets. The retail property group had previously announced it was reviewing a “range” of options to fix its balance sheet and establish a “more appropriate” long-term capital structure. In…
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Feb- 2020 -28 FebruaryAnalysis
Coronavirus sends ripples through markets, governments, companies and the public
Apologies for the repetition, but the new coronavirus is causing such a serious global reaction today it would be silly to focus on other things, so here are four key stories about what looks to be developing into a full blown international crisis. The FTSE 100 has lost nearly £200…
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25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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20 FebruaryHigh Street
Retail footfall buffeted by stormy weather in February
Storm Ciara, which hit the UK the weekend of 8 February 2020, saw UK retail footfall plummet by 15.3%. According to the latest figures from Ipsos Retail Performance, the most affected region was the north west of England, with footfall down 18.3% on the same period last year. Storm Dennis,…
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17 FebruaryFeatures
Book Smart: Why the independent bookshop is here to stay
The bookselling industry is subject to constant speculation. In a world where Amazon founder and CEO Jeff Bezos reigns and tablet devices are a mainstay, one would be forgiven for assuming the end is nigh for independent booksellers’ success. But despite the rise of retail giants and fall of book…
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17 FebruaryAnalysis
The evolution of the Ikea experience: What’s next?
With the news last week that Ikea is to shut its first big UK outlet in Coventry, we can take this as a sign that the Swedish furniture retailer – the world’s largest – needs to accelerate the evolution of its customer experience. Arguably, the first of the real experiential…
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17 FebruaryComment
Online vs offline – are physical stores starting to fight back?
More than half of UK consumers are now shopping online, with UK online spend forecasted to increase by 29.6% between 2019 and 2024, according to retail analysts at GlobalData. As a nation, we spend roughly £1 in every £5 online; a figure which has remained relatively steady in recent years. …
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13 FebruaryHigh Street
Retail footfall bounces back in January after quiet December
Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest Retail Traffic Index (RTI). The retail insights company had originally forecast a footfall decline of 1.9% for the month, and said that after such a “disappointing” December, January’s footfall comes…
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