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- 2018 -10 SeptemberHigh Street
August footfall down 1.6% despite some retail park growth
Retail footfall dropped by 1.6% in August despite seeing rare retail park growth in the East and South West of the UK. The figures are according to the British Retail Consortium (BRC) and Springboard’s footfall and vacancies monitor with August seeing a sharper decline than the 0.8% experienced in July,…
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4 SeptemberAdvice
How retailers can turn the store of the future into a reality
The face of retail is rapidly changing with a significant increase in online shopping and reduced footfall in high-street stores. But rather than fighting against online retail, brands are using technology to offer a version of what draws customers to the online experience. Many retailers are re-imagining the brick-and-mortar shopping…
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4 SeptemberEconomy
Footfall ‘better than expected’ in August
Footfall fell by 4.1% in August compared with the same month last year, according to the Ipsos retail footfall tracker. Despite the drop, analysts described footfall levels as “better than expected” as the pace of year-on-year footfall decline slowed in August. Ipsos said this might be down to the success…
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Aug- 2018 -30 AugustShopping Centres
Unibail-Rodamco-Westfield posts 14.5% profit rise after Westfield acquisition
Unibail-Rodamco-Westfield has reported a 14.5% jump in H1 profits boosted by its recently acquired Westfield shopping centres. Europe’s largest property firm finalised the acquisition of Australian shopping mall giant Westfield in early June which includes both Westfield London and Westfield Stratford in the UK. The firm said profits in the…
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22 AugustClothing & Shoes
TK Maxx parent company announces 12% sales increase
The parent company of TK Maxx, TJX, has announced it has seen a 12% increase in net sales for the last financial year, double last years figure. Comparable store sales for the company’s European division rose to 4% over the last quarter from just 1% over the same quarter the…
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21 AugustHigh Street
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part of its ongoing turnaround strategy. The retail chain formerly known as Staples has spent the last two years performing an operational restructuring which it said has “significantly improved” its store…
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16 AugustEconomy
Online sales and discounts help to boost retail sales
UK retail sales outperformed predictions with an increase of 0.7% in July, recent statistics from the Office for National Statistics (ONS) show. This signified a recovery from the previous month, which saw a 0.5% decrease in the quantity of items purchased. When compared with the same month last year, the…
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16 AugustDIY
B&Q owner Kingfisher records Q2 revenue boost thanks to warm weather
Kingfisher, the owner of B&Q and Screwfix, has posted a 1.6% increase in revenue during the three months ending 31 July. The increase was driven by a 3.6% increase in revenue at B&Q’s UK and RoI stores which Kingfisher said benefitted from sales in “weather-related categories”. Screwfix reported a…
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13 AugustHigh Street
Retail footfall down 0.8%, shopping centres continue to suffer
Retail footfall fell by 0.8% in July when compared to the same time last year, despite the high street again seeing a slight rise. The figures from the British Retail Consortium (BRC) and Springboard show that high street footfall increased by 0.3% which was the third consecutive month of growth.…
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10 AugustAdvice
How to embrace the ‘age of the customer’ whilst weathering the retail storm
The phrase ‘the customer is always right’ has never been more apt. Today’s customers are savvier than ever before and increasingly shop around, their buying decisions swayed by customer reviews. In this so-called ‘age of the customer’ the top priority for retailers is to deliver a memorable experience that builds…
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