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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Feb- 2018 -12 FebruaryHigh Street
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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9 FebruaryHigh Street
UK high street sees ‘glacial growth’ in January
In the month of January, total like-for-like sales were up by 0.6% compared to 0.1% for the same month last year, according to business advisory firm BDO’s High Street Tracker report. Excluding the drop in January 2017, the growth this month for the traditional sales season was still the lowest…
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6 FebruaryAdvice
Popping Off? The pop-up shop looks set for a revival in 2018
While some of the UK’s favourite brands experienced a dip in footfall and an increase in online sales over the 2017 festive period, the death of the high street is a long way off. This is partly due to the habits of younger shoppers, whose interest in creating “experiences” has…
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Jan- 2018 -31 JanuaryClothing & Shoes
H&M to open fewer stores in 2018 after quarterly profit drops 34%
Fashion retailer H&M has announced it will open fewer stores in 2018 after reporting a quarterly drop in profit of 34%. Pretax profit in the three months through November, H&M’s fiscal fourth quarter, fell to 4.9bn Swedish crowns (£441.8m). Sales in the fourth quarter also declined by 4%, while H&M’s…
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29 JanuaryClothing & Shoes
Fashion store East enters administration
Fashion retailer East has entered administrations, with 314 employees at risk of losing their jobs. Reports today said the brand closed 15 stores and five concessions stands in order to ‘off-load’ loss making shops. A tough trading environment, which has seen a high street footfall slump, is one of the…
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19 JanuaryEconomy
Carpetright shares crash 41.9% amid profit warning
Specialist carpet retailer Carpetright has issued another profit warning prompting shares to fall by 41.9%, at the time of writing. Analysts expected profit figures of £15.6m for the year, but the firm revised its full-year profit guidance to between £2m to £6m. Sales for the post-Christmas period were significantly behind…
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18 JanuaryHigh Street
Costa predicts tough year ahead
Whitbread, the group which owns Costa and Premier Inn, has reported that a “tough UK high street environment and inflation” is expected to pose challenges for the sector over the coming year. Despite Costa sales growing by 7.2% – partly due to new store openings and Costa Express expansion –…
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15 JanuaryEconomy
High street sees sharpest footfall decline in four years
New figures from the British Retail Consortium (BRC) and Springboard show footfall in the month of December suffered its sharpest decline since March 2013. Total UK retail footfall fell by 3.5% compared with December 2016, while the high street saw a sharper drop, down by 4.6%. Shopping centres suffered a…
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10 JanuaryClothing & Shoes
Moss Bros profit warning amid Christmas footfall drop
A disappointing performance during the Christmas period with drops in sales and footfall has forced Moss Bros to cut its profit forecast for the year. The menswear retailer said in a trading update for the 26 weeks to January 6 that, during the peak Christmas trading season throughout December, like-for-like…
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2 JanuaryEconomy
Festive footfall disappoints despite increase on New Years Day
Footfall dropped by -10.5% on New Year’s Eve compared with the previous year, according to new retail footfall data. Springboard, a provider of automated footfall monitoring services, reported footfall dropped significantly and unexpectedly on New Year’s Eve across the UK, declining by -10.5% over the 24 hours and by -7.2%…
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