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- 2018 -24 MayDIY
B&Q owner Kingfisher reports poor Q1 sales
DIY retailer B&Q has reported a 9% drop in like-for-like sales for the three months to April 30 2018. According to the group the report reflects an ongoing issue of lowered footfall and soft demand patterns. The adverse weather conditions and temporary snow related store closures impacted B&Q’s like-for-like sales…
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16 MayHigh Street
‘Royal wedding fever’ to boost retail spending by £195m
The royal wedding is set to boost retail sales across the UK by an estimated £195m by the end of August, according to retail specialists Springboard. According to the group retailers are set to receive a much needed boost in May, with an estimated £93.1m to be spent across UK…
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14 MayEconomy
Northern Ireland suffers most from UK retail struggles
Northern Ireland is suffering the worst of retail’s bad weather, showing a 7.3% drop in footfall and a retail space vacancy rate of 14.2%, 5% higher than the UK average. The figures from statistics and research firm, Springboard, show the country reporting its worst retail performance since 2015. The decline…
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14 MayHigh Street
Wet start to April dampens retail footfall
Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year. New data from retail intelligence firm Springboard revealed that there has been no growth in footfall for any UK region for two consecutive months. Most regions saw a slower rate…
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2 MayEconomy
Fall in shop prices marks fifth year of deflation
Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British Retail Consortium (BRC) and Nielsen’s monthly Shop Price Index’s, this also represented the deepest period of deflation since last February. This drop fell in line with the pace of decline…
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Apr- 2018 -27 AprilAdvice
Top 3 reasons retailers might struggle to maintain footfall
In today’s competitive retail environment, driving footfall remains the bedrock of any successful brick-and-mortar store. With more big names announcing store closures since Christmas, getting shoppers through the door and ensuring that a visit converts into a sale has never been more important. What are the top turn offs for…
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23 AprilOnline & Digital
Record online retail sales growth in March
Online UK retail sales grew by 18.9% year-on-year (YoY) in March, as the high street reported the steepest year-on-year drop in footfall since 2010. Weekly analysis revealed growth doubled to 27% in the final week over Easter, increasing from 13% the previous week. Both clothing, and beer, wine and spirits…
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18 AprilOnline & Digital
Retailers miss out on £18k a year through ‘surf and turf’ shopping trend
New research by Barclaycard has revealed that UK shoppers each abandon an online basket worth an average of £29.37 every month. Furthermore, many vendors are missing out on the data or insights they need to tackle the online conversion challenge. The study found shoppers are more fickle when buying online…
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17 AprilShopping Centres
Intu reveals ‘record retailer demand’
Shopping centre giant Intu has reported a record level of retailer demand in the first quarter of 2018. Some 60 long term leases have been signed (43 in the UK and 17 in Spain) for £10m of annual rent, 5% above previous passing rent. David Fischel, Intu CEO, said: “Our…
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16 AprilHigh Street
March retail footfall sees steepest decline in eight years
Footfall in March decreased by 6%, compared with the positive rate of 1.3% seen in March 2017. There was no growth in footfall for any UK regions, and the most notable declines (year-on-year) were seen in Greater London, -7.5%, the South East, -6.5%, and in the East Midlands, -5.6%. Growth…
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