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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Oct- 2019 -14 OctoberHigh Street
Retail footfall slumps 10% over last seven years
Retail footfall has dropped by 10% in the last seven years, according to the latest footfall figures from the BRC and Springboard. It comes amid another month of declining footfall, as the number of shoppers visiting high streets stores dropped by 1.7% in September, compared with the same point last…
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11 OctoberClothing & Shoes
Quiz revenues dip 5% amid ‘challenging’ UK retail environment
Fashion retailer Quiz has reported a 5% drop in group revenue to £63.3m for the first half of 2019, against the backdrop of a “difficult UK retail environment”. For the six months to 30 September 2019, online revenues grew by 7% to £20m, compared with £18.7m last year, and sales…
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2 OctoberComment
5G will transform the retail experience
We’ve all heard about the rollout of the 5G mobile network and what it will mean for us as consumers, like almost instantaneous download speeds and ultra-reliable network connectivity. For businesses, the potential of 5G opens doors to revolutionary changes that will transform British industries. According to research, 5G could…
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Sep- 2019 -24 SeptemberHigh Street
Moss Bros H1 sales dragged down by hire business
Menswear retailer Moss Bros has posted a marginal 1.4% increase in total group revenue to £65.4m for the 26 weeks ended 27 July 2019. Sales were dragged by the retailer’s hire business, which fell by 14.7% on a like-for-like basis and represented only 10.7% of total sales in the half,…
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20 SeptemberAdvice
Resurrecting Retail through Improvement of Customer Service
The retail sector is used to bustling sales and packed shoppers during bank holiday weekends. However, the latest data showed a sharp drop of 1.9% in footfall on bank holiday Monday compared to August 2018. Why has this decline occurred? Why are high streets failing to generate equal or higher…
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19 SeptemberAdvice
How investing in brand ambassadors can help boost your bottom line
Most shopping still happens in-store rather than online, but it is clear that online shopping is a significant growth engine so stores need to do more to drive footfall. Respondents to Zebra’s 2019 Shopper Vision Study said the top two factors that get them to spend more time in brick-and-mortar…
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18 SeptemberAdvice
Why the death of the high street has been greatly exaggerated
To misappropriate Mark Twain’s famous quote, news of the high street’s death has been greatly exaggerated. There is no doubt it’s undergoing a seismic shift, with the option to buy online continuing to change the landscape. We’ve seen several historic retail businesses in crisis, while online operators have been acquiring…
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11 SeptemberAdvice
Time is critical: Getting ‘retail fast’ right
Stories of store closures seem to be near constant, and calls for “the death of retail” or “the end of the high-street” seem to happen every day. At the same time, a new wave of retailers – often with their roots in e-commerce – are investing in physical presence as…
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9 SeptemberClothing & Shoes
Footfall drops off in late summer
Footfall continued its decline over the late summer, recording a 1.3% decline for the four week period to 24 August. According to the latest BRC-Springboard Footfall and Vacancies Monitor, the latest decline is compared with 1.6% drop for the same period last year. High street footfall declined by 1.9%, following…
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4 SeptemberHigh Street
Shares at Quiz drop following ‘tough trading’ period
Shares at fashion brand Quiz have dropped by over 10% today (4 September) after it warned about challenging conditions ahead of its AGM later today. The fashion brand has issued two profit warnings this year following ‘significant shortfall in sales. A statement from non-executive chairman Peter Cowgill said: “The challenging…
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