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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Mar- 2018 -12 MarchHigh Street
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen the previous year. According to the British Retail Consortium (BRC) this figure is better than the three-month average of -2.0% and the twelve-month average of -0.7%. However, Greater London and…
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1 MarchEconomy
Shoppers shun high street for online as January sees strongest growth since 2013
Online retail delivery order volumes were up 20.6% year-on-year in January, according to the latest data from the IMRG MetaPack UK Delivery Index. This was the strongest January growth for online order volumes since 2013. During the same period, footfall fell to its lowest January rate in five years –…
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Feb- 2018 -27 FebruaryNews
Hammerson Intu takeover plans still firm
Shopping centre owner Hammerson will continue with its plans to takeover rival Intu for £3.4bn. This was announced as the firm revealed that net rental income increased by 6.9% year-on-year from £346.5m to £370.4m. Hammerson showed its interest in purchasing Intu in December and has announced a new £1.5bn credit…
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22 FebruaryAdvice
An algorithmic approach to more personalised customer relationships
Personalisation in retail is not new – this is what retailers have been doing since the days of the little black book. However, machine learning and automation of marketing and loyalty communications are proving to be game changers in terms of delivering individual experiences, more efficiently. Increasingly we are seeing…
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20 FebruaryClothing & Shoes
Online retail sales see 13.9% year on year growth
UK online retail sales were up 13.9% year-on-year (YoY) in January, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. With rainfall above average in January, and the lowest January high street footfall recorded in five years, consumers turned to online shopping in the beginning of the…
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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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