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- 2019 -15 MayClothing & Shoes
Moss Bros sales boosted by e-commerce during Q1
Moss Bros has reported a 1.5% increase in total sales for the 15 week period ending 11 May, in spite of a “tough trading environment”. The retailer’s overall trading performance continued to show an improvement on the prior year, with both full price retail store sales and e-commerce delivering positive…
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13 MayEconomy
Shop vacancy rate rises to highest level in four years
The national town centre vacancy rate rose to 10.2% empty outlets, according to data from the BRC-Springboard Footfall and Vacancies Monitor. This is an increase on the previous quarter’s 9.9% rise and the highest vacancy rate seen since April 2015. In the four weeks from 31 March to 27 April,…
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9 MayAdvice
Retailers should learn from shopping centres to be inclusive
Shopping centres increasingly act as hubs pulling local communities together and are becoming an essential cornerstone of everyday life. As society quite rightly becomes more inclusive, shopping centres must lead the way in their own communities by ensuring that every individual can benefit from the facilities equally. One in five…
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8 MayAdvice
Why shopping centres must now focus on experience
The traditional shopping centre model is currently undergoing a seismic shift. I’ve no doubt that those centres that will thrive in the coming decades will employ an entirely customer centric experiential model. As the line between retail and leisure becomes increasingly blurred, shopping centres will need to evolve from being…
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1 MayAdvice
Can e-commerce save the high street?
According to PwC a record net 2,481 stores disappeared from the UK’s top 500 high streets in 2018 – 40% more than in 2017 – a worrying statistic for the future of the high street. Even the big retailers were not immune with Maplin, Toys R Us and Poundworld casualties…
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Apr- 2019 -26 AprilAnalysis
Beating the retail downturn: three lessons from Dunelm
We are clearly amidst challenging times for high street retailers at the moment, with Brexit uncertainty coupled with increased competition from online pureplays putting substantial pressure on the UK’s retail businesses. Recent figures from the British Retail Consortium and KPMG revealed that sales growth dropped to 0.5% in the year…
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24 AprilClothing & Shoes
Primark HY profits surge 25%
Primark has seen its half-year operating profit jump 25% to £426m during the six months ending 2 March. Primark said the increase reflected “its continued selling space expansion and improved margins, which were driven not only by favourable exchange rates but also by better buying”. Sales at Primark were also…
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23 AprilHigh Street
Hot weather increases high street footfall over Easter weekend
High street footfall over the Easter bank holiday weekend increased by 6.5% on Friday, 1.2% on Saturday and 8.4% by 12pm on Easter Monday, as a result of the hot and sunny weather. According to retail intelligence firm Springboard, the result is a “clear contrast” to Easter 2018, when poor…
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18 AprilShopping Centres
Kuwait-based investors acquire 50% stake of Intu Derby
Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the establishment of a 50/50 joint venture for the Intu Derby shopping centre. The real estate investment firm will acquire for cash the 50% interest for consideration which values their share…
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16 AprilHigh Street
Card Factory profits fall as footfall hits LFL sales
Card Factory has reported in its latest full-year results that profit before tax fell by 8.3% to £66.6m as its like-for-like sales stagnated with a 0.1% decrease. The company attributed the fall in sales to a decrease in footfall across its 972 stores and a “tough consumer environment”. However its…
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