More

    Footfall shows early signs of recovery

    (Photo by Justin TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

    Footfall in the country slipped marginally in November as compared to last year yet it showed slight increase from the previous month, shows latest data.

    According to BRC-Sensormatic IQ data published today (1), total UK footfall decreased by 0.7 per cent in November(YoY), an improvement on -5.7 per cent in October. High Street footfall decreased by 1.7 per cent in November(YoY) while retail parks footfall decreased by 1.0 per cent in November(YoY).

    Shopping Centre footfall decreased by 2.2 per cent in November(YoY), an improvement on -7.3 per cent in October. Of the UK nations, Wales saw the least significant YoY drop in footfall, showing a decrease of 0.4 per cent. Scotland saw a YoY drop in footfall of 0.9 per cent. This was followed by England at 1.0 per cent and Northern Ireland at 4.9 per cent.

    Helen Dickinson, Chief Executive of the British Retail Consortium, said that a slight uptick in consumer confidence, as well as easing inflationary pressures and more predictable weather, led to an improvement in footfall compared to the previous month.

    “After a slow October start, the month-long Black Friday sales helped to get shoppers out to their town and city centres. While all parts of the UK saw footfall drop in October; both West Midlands and Yorkshire managed positive growth in November.” 

    “The extensive cost-pressures on the retail industry over the last two years have limited investment and driven up prices at many shopping destinations. The Chancellor’s failure to commit to a business rates freeze in his recent Autumn Statement will inflict hundreds of millions of pounds in additional costs. This will inevitably slow the decline in inflation, as well as limiting long term investment and limiting any upside from improvements in UK footfall.”

    Andy Sumpter, Retail Consultant EMEA for Sensormatic Solutions, commented that despite disruption from Storm Ciaràn earlier in the month, November’s footfall rallied, buoyed by Black Friday trading and retailers offering extended discounts to spark early Christmas spend and secure festive share of wallet. 

    “Last month, footfall recovered to its highest performance levels since July, however, it’s worth noting that, while welcome, this recent boost to retailers has been driven by price and promotions sensitive shopping behaviours.  Discounting events have proved a major draw, with footfall on Black Friday rising +52.4% week-on-week for example. 

    “We have also seen that improvements in total retail footfall last month were significantly shored up by outlet store visits, as consumers try to make spend go further.  Undoubtedly, footfall’s recovery in November will allow retailers to look ahead to Christmas trading with more confidence, but the challenge will be not just encouraging ongoing spend into December when disposable incomes remain squeezed, but also ensuring discounting is optimised to protect margin.”

    Latest

    Unitas offers centrally-negotiated rates on overhead purchases

    Buying group Unitas is leveraging its position as the...

    Cigarettes may cost ‘£16’ soon

    Brits might be be forced to shell out more...

    BP pilots new food to go offer

    BP has announced the pilot of a new and...

    Exclusive: Decades-old c-store makes freshly-made food its USP

    In this rapidly changing world with where the meanings...

    Don't miss

    Unitas offers centrally-negotiated rates on overhead purchases

    Buying group Unitas is leveraging its position as the...

    Cigarettes may cost ‘£16’ soon

    Brits might be be forced to shell out more...

    BP pilots new food to go offer

    BP has announced the pilot of a new and...

    Exclusive: Decades-old c-store makes freshly-made food its USP

    In this rapidly changing world with where the meanings...

    Contactless payment rises as campaigners warn against scams

    Most in-store card transactions (93.4 per cent ) up...

    Unitas offers centrally-negotiated rates on overhead purchases

    Buying group Unitas is leveraging its position as the UK’s largest independent wholesale group to offer its 150 members centrally-negotiated rates on overhead purchases...

    Cigarettes may cost ‘£16’ soon

    Brits might be be forced to shell out more for cigarettes as the cost of a packet could reach up to £16 soon as...

    BP pilots new food to go offer

    BP has announced the pilot of a new and improved fresh food for now offer, that can be personalised to customers’ tastes, at 10...