THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
Omnichannel Futures Conference 2020
Online Conversion Summit 2020
Future of Retail Marketing 2020
The HR Summit 2020
AI in Retail Conference 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Retail footfall down 0.4% in July

UK retail footfall fell by 0.4% year-on-year in July following a 2.8% decline in June. The figures released by the British Retail Consortium and Springboard in… View Article

GENERAL MERCHANDISE

Retail footfall down 0.4% in July

UK retail footfall fell by 0.4% year-on-year in July following a 2.8% decline in June.

The figures released by the British Retail Consortium and Springboard in their latest footfall monitor reveal that high street footfall edged up 0.3% to mark a second increase in three months.

Footfall in retail park locations decreased for the second consecutive month and was down 0.3% year-on-year.

Meanwhile, footfall in shopping centres continued to decline with a 2% drop in July although this was up on the 2.3% fall seen in June.

Helen Dickinson, BRC chief executive, said: “Today’s figures remain lacklustre with total footfall down again, this month by 0.4%. Retailers will have taken comfort from the fact that recent BRC figures show that total sales grew over the same period. Given the decline in footfall is slowing and High Street locations actually reported an increase in shopper numbers of 0.3%, some retailers in some locations may have some reasons to be cheerful.”

The monitor also found that the UK shop vacancy rate rose over the quarter to July by 0.5 percentage points to 10.1%, from 9.6% in April for the previous quarter. This is the highest vacancy rate shown in the monitor since April 2015, after which time the rate remained below 10%.

Dickinson added: “The increase in the number of empty shops is an unwelcome reminder of the heavy burden of property costs. After a long run of shop vacancies being below 10%, seeing them rise over that threshold once again will be a bitter disappointment to many.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Online Conversion Summit 2020
Online Conversion Summit 2020
April 30 2020
The Hallam Conference Centre, London W1W 6JJ
The Retail Bulletin Online Conversion Summit 2020 Partnered by IMRG
Future of Retail Marketing 2020
Future of Retail Marketing 2020
9 June 2020
Hallam Conference Centre, 44 Hallam St, London W1W 6JJ
The Future of Retail Marketing for Customer Engagement
The HR Summit 2020
The HR Summit 2020
1 October 2020
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2020
AI in Retail Conference 2020
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY