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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Nov- 2018 -29 NovemberShopping Centres
Whittaker-led consortium abandons £2.8bn Intu offer
John Whittaker’s consortium has decided to scrap its bid to acquire Intu Properties following three extensions blaming the “uncertainty around current macroeconomic conditions” and the “potential near-term volatility across markets”. On 4 October 2018 a consortium comprising the Peel Group, the Olayan Group and Brookfield Property Group announced they were…
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27 NovemberComment
Retail footfall: How to improve your store in 2019
Geaves Surfaces has looked into the UK retail industry to find the answers. Highlighting the market’s facts and figures, they’ve taken examples from leading stores around the world that are changing physical retail for the good, bringing customers back to their stores and offering something they cannot find online. What’s…
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26 NovemberAdvice
Could rethinking returns help rescue the high street?
It’s a sad fact, but the traditional British high street is suffering more than ever before. With more than 24,000 shops closing their doors in the first six months of this year alone, more light needs to be thrown on retailers’ ongoing loss prevention. The overall picture painted lately shows…
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26 NovemberHigh Street
Black Friday provided ‘little benefit to struggling high street’
This year’s Black Friday has done “little to help the struggling bricks-and-mortar stores throughout the UK”, according to data from Springboard. The group, which provides insights on retail performance, said overall footfall declined by 5.4% from Black Friday 2017, with declines of similar magnitudes throughout the weekend from last year…
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22 NovemberAdvice
How retailers can analyse its customer’s shopping trends
Retailers will be clamouring to entice shoppers to their stores this Black Friday with a frenzy of hot bargains and cut-price deals. With the serious amount of footfall they can expect, not just on Black Friday but during the entire run-up to Christmas, it is an ideal opportunity for retailers…
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21 NovemberHigh Street
Crickhowell High Street crowned ‘UK’s best’ in Great British High Street Awards
Crickhowell High Street has been crowned the overall winner of the government-run Great British High Street Awards 2018. The Welsh high street was commended for its community-led initiatives and strong network of independent businesses and was awarded £15,000 for the local community. The result reflects strong public support on social…
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20 NovemberClothing & Shoes
‘Challenging market’ sees Bonmarché profits fall
Bonmarché has seen its profits fall by 21% for the first half of the year, attributed to “weaker consumer sentiment” in a “challenging market”. The fashion retailer reported for the period ending 29 September underlying profit before tax was £3.3m, almost £1m lower when compared with the same period the previous…
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19 NovemberEconomy
Black Friday footfall expected to drop as shoppers go online
Retail intelligence experts Springboard have forecast that Black Friday and the following weekend will do “very little to help the beleaguered high street”. Footfall is anticipated to drop by 3.7% year-on-year compared with last year and down 2.7% over the weekend as a whole. This follows a decline in footfall…
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12 NovemberEconomy
Footfall drops for 11th consecutive month
Footfall in October fell by 2% on the previous year, an identical fall to that recorded in October 2017 and a deeper decline than September 2018 when footfall fell by 1.7%. According to the Springboard retail footfall figures, October also marked the 11th month of consecutive footfall decline. However, analysts…
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9 NovemberHigh Street
October footfall ‘wobble’ sparks fresh concern for UK high street
October saw a 7.4% drop in UK store visits, the biggest year-on-year drop since July, while average weekly footfall was down 2.9% compared with September. According to Ipsos Retail Performance’s latest Retail Traffic Index (RTI) the areas with the highest decline in store visits were south west England and Wales,…
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