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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Sep- 2019 -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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4 SeptemberComment
Inventive independent retailers attract cautious customers
We’ve been hit with a barrage of reports that suggest big box retail is struggling to keep up with changes to the high street. In July, the British Retail Consortium released data that found retailers experienced their worst month of trading since records began, as Brexit, consumer spending and discounting…
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3 SeptemberHigh Street
Retail sales ‘flatline’ as discounting and poor footfall ‘hit hard’
Retail sales “flatlined” in August according to the BRC-KPMG sales monitor, as summer discounting and “poor” footfall hitting in-store sales “particularly hard”. On a total basis, sales were found to be flat in August, against an increase of 1.3% in August 2018. This is above the 3-month average of -0.4%…
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Aug- 2019 -29 AugustAdvice
Capitalising on click and collect
Many consumers are turning to click and collect for their online purchases rather than opting for home delivery. In fact, this is a growing market as shoppers recognise the convenience of picking up their goods when it suits them. For example, retailers such as Boots and Next reported that 75%…
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16 AugustComment
The case for personalisation
From the dawn of modern consumerism offering a personal touch was a key differentiator for high-quality retailers and service providers keen to set themselves apart from the rest. Remembering client names, previous purchases or children’s birthdays added that ‘je ne sais quoi’ that bonded retailer to customer. It fostered loyalty,…
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15 AugustShopping Centres
Westfield reports footfall rise in July
Unibail-Rodamco-Westfield, owners of shopping centre chain Westfield has reported a rise in footfall in July, with almost eight million shoppers visiting its London centres in Stratford and White City. Westfield said it was “bucking the trend” in the retail market, as shopping centre footfall continues to fall, dropping by 3.1%…
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15 AugustComment
Staying in the know of the unknown
At a time when retailers are suffering from the biggest fall in sales in more than a decade, according to the Confederation of British Industry, being unprepared in a crisis is simply not an option. With brand reputation being the key to keeping many companies afloat, retailers have to be…
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13 AugustHigh Street
Card Factory posts robust sales growth despite challenging environment
Greeting cards, dressings and gifts retailer Card Factory has reported a 5.5% increase in sales for the six months ending 31 July 2019. The retailer’s like-for-like sales grew by 1.5% during the period, following a strong first quarter particularly supported by its successful Valentine’s Day and Mother’s Day seasonal ranges.…
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13 AugustAdvice
Adapting to the new age of retail
Following the recent closures of large-scale retail chains such as William Hill, the question of the high street’s future is once again on everyone’s mind. While undoubtedly the face of the high street is changing, closures don’t represent the high street’s swan song, merely its growing pains. Outlets which have…
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