THE RETAIL BULLETIN - The home of retail news
Lest we forget
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
Retail parks continue to outperform other destinations for footfall

UK retail footfall was 0.2% lower in October than the same month last year which meant the rate of decline was unchanged from September.

GENERAL MERCHANDISE

Retail parks continue to outperform other destinations for footfall

UK retail footfall was 0.2% lower in October than the same month last year which meant the rate of decline was unchanged from September.

The figures released by the British Retail Consortium and Springboard in their monthly footfall monitor show that high streets and shopping centres reported falls of 1% and 1.3% respectively.

Meanwhile, footfall in retail parks edged up 2.9%.

Helen Dickinson, BRC chief executive, said: “The locations consumers are choosing to shop remains in a state of flux. While the rate of decline in footfall across high streets and shopping centres appears to have stabilised, more and more shoppers are choosing to visit retail parks which offer a greater mix of leisure and retail.”

Four regions in England reported footfall growth in October. These included the East Midlands, the South West, the South East and Greater London.

While footfall in Scotland edged down 0.6%, Northern Ireland and Wales moved into positive territory in the month with respective increases of 2.1% and 0.4%. The BRC said this was first time Wales had reported growth in footfall since the monitor began.

The national town centre vacancy rate was 9.1% in October, down from the 9.8% rate reported in July.

Diane Wehrle, marketing and insights director at Springboard, said: “After a long period of recession and low demand for additional space from retailers, alongside the growth of leisure and food and beverage and multi-channel shopping, landlords have been forced into being more flexible about who they are prepared to accept as tenants and on what terms – no longer able to demand the strength of covenant they were once able to, we are now seeing a broadening of occupier types in high streets and shopping centres which can only be for the good.”

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

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
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
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
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