THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Footfall dips 0.7% in May

Figures released by the British Retail Consortium and Springboard have shown that retail footfall in May was 0.7% down on the same month last year.

GENERAL MERCHANDISE

Footfall dips 0.7% in May

Figures released by the British Retail Consortium and Springboard have shown that retail footfall in May was 0.7% down on the same month last year.

Footfall in out-of-town locations rose 1.2% in May year-on-year to give its best performance since November 2012. However, footfall in the high street dropped by 1% while shopping centres saw a fall of 1.7%.

The hardest hit parts of the UK were Northern Ireland, where footfall declined by 3.1%, and the West Midlands and East Midlands where levels fell by 2.9% and 2.6% respectively.

Helen Dickinson, BRC director general, said: "On the surface these figures are fairly flat, but they're masking widespread regional variations and only two areas in England – Greater London and the East – are showing positive footfall growth compared with May 2012. As the recent unemployment figures highlighted, the outlook in terms of job prospects and economic growth is by no means ‘one size fits all' across the UK.

"While footfall saw a slight drop compared with May 2012, the month's respectable sales growth suggests that conversion rates were good: people made fewer trips but responded well to good deals, especially on value ranges and seasonal promotions. Where there was a little growth, retail parks led the way and this could explain why furniture – most commonly sited out of town – was the month's best performing category according to our Retail Sales Monitor.

"Now that we're into June, retailers will be hoping that summer sales and sunshine will make for a stronger showing next time."

Diane Wehrle, retail insights director at Springboard, added: "Two key trends are emerging in high streets that are affecting their performance. Firstly, footfall in regional cities is increasing whilst it is dropping in smaller towns, indicating that shoppers are increasingly gravitating towards larger destinations. Secondly, footfall outside of retail trading hours is increasing whilst declining over the daytime period. At least in part this is likely to account for the adverse performance of shopping centres, the majority of which have a very modest leisure offer.

"Town centres benefit from greater diversity than the majority of shopping centres, and the evening economy is clearly protecting and insulating the high street. This reflects the feedback we are receiving from town centre managers who state that by far the strongest demand for units is from food and beverage occupiers who operate outside of retail trading hours."

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 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process