Footfall news and archive

West End spend declined during festive season despite YoY footfall growth

New figures by the New West End Company (NWEC) have reflected an increase in footfall in contrast to a decline in spending, yet the company cited the festive season’s performance as “resilient”. Over the period, footfall was up 3 percent year-on-year, while spending decreased by 1 percent, driven by lower than expected domestic spending caused...

Retail

UK retail sales take a hit in December

New figures by the Office of National Statistics (ONS) have revealed that retail sales for the month of December 2023 took a 3.2 percent hit, declining from a rise of 1.4 percent in the month prior. The statistics platform noted that the decrease was the “largest monthly fall since January 2021”, at which time pandemic restrictions had impacted...

Retail

Boxing Day footfall up 5 percent in London’s West End

The festive season has rounded off on a positive note for London’s West End district, with Boxing Day footfall up 5 percent on 2022 levels, continuing the “buoyant” atmosphere seen throughout December as a whole. During the month, footfall grew 20 percent compared to November, and rose 6 percent compared to December last year. The New West End...

ManagementFeatured

Shaftesbury Capital hails ‘strong start’ to Christmas amid sales and footfall boost

London real estate giant Shaftesbury Capital PLC has reported a “strong start” to the Christmas trading period in its latest financial statement, as high footfall bolsters sales across its properties. For the period starting July 1 to November 15, 2023, footfall throughout its prime portfolio in London’s West End brought in a sales aggregate of...

Retail

Retail sales fall in October as wet weather dampens spending

New figures by the Office of National Statistics (ONS) have revealed that retail sales fell in October as the wet weather impacted footfall and spending across the country. According to the organisation, retail sales volumes fell 0.3 percent over the month, following a steeper 1.1 percent decrease in September. In the three months to October,...

Retail

Cautious consumers impact retail sales amid continued inflation

New figures published by the British Retail Consortium (BRC) have found that high inflation is continuing to impact sales across the UK, as cautious consumers pull back on spending ahead of the holiday season. Over the four weeks from October 1 to 28, the region’s total retail sales had increased 2.5 percent, up from the previous year’s 1.6...

Retail

Retail sales slow in September, warm weather impacts fashion

UK retail sales slowed over the past month, as the cost of living crisis continues to ravage the nation and warmer weather impacted the sales of autumn clothing stock. Over the five weeks spanning August 27 to September 30, total retail sales increased 2.7 percent, only slightly up from the 2.2 percent in the same period last year. Non-food...

Retail

Summer holidays did not significantly boost footfall for retailers

The busy summer season attracts millions of visitors to the UK but did not provide a noticeable uplift in footfall from July to August. New data from MRI Springboard show an uptick of just 0.2 percent in footfall across UK retail destinations. High streets and shopping centres saw marginal increases of 0.7 percent, while the number of visits to...

Retail

Footfall bounces back in July despite rainy days

A report by the British Retail Consortium (BRC) and Sensormatic Solutions saw evidence that footfall bounced back to positive figures for the month of July, despite rainy weather deterring shoppers from the streets. “Modest” growth could be seen in all locations across the majority of UK cities, with those in Scotland and the North East leading...

Retail

UK retail footfall surges during late May Bank Holiday weekend

UK retail destinations experienced a 5.4 percent increase in footfall during the three-day late May bank holiday weekend, as the warm and sunny weather drew more people outdoors. Data from Springboard shows High streets saw an 8.5 percent rise compared to the same period last year, while retail parks witnessed a 5.2 percent uplift on bank...

Retail

UK March footfall experiences slow in recovery

While footfall in the UK saw an increase for the month of March, the region still experienced a slow down in its recovery compared to the previous months. Total UK footfall rose 6.8 percent year-on-year, according to the British Retail Consortium (BRC) Sensormatic IQ insights, however this was a 3.6 percent decrease compared to February and...

Retail

UK footfall dropped in March as consumers face cost of living crisis

March delivered a sharp shock to UK retail destinations with a decline in footfall of -2.8 percent, according to data from Springboard. Where February saw an increase that bettered the same month in other years post pandemic, what came to pass was the first month on month decline in footfall in March since MRI Springboard started publishing its...