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
• Future of Retail Marketing 2020
• The HR Summit 2020
• AI in Retail Conference 2019
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Retail footfall down 1.2% in September

New figures have shown that retail footfall declined by 1.2% year-on-year in September to mark the third consecutive monthly drop of more than 1%. The data… View Article

SHOPPING CENTRES & RETAIL PARKS

Retail footfall down 1.2% in September

New figures have shown that retail footfall declined by 1.2% year-on-year in September to mark the third consecutive monthly drop of more than 1%.

The data from the British Retail Consortium and Springboard in their monthly footfall monitor shows that high street footfall fell by 2.2%, which was a smaller decline than August’s 2.6%.

Meanwhile, footfall in shopping centres dropped by 1% following a 0.8% fall in August.

Footfall in retail parks continued to grow for a seventh consecutive month but the uplift was reduced to 1.1% from 1.6% in August.

Helen Dickinson, BRC chief executive, said: “For the third consecutive month, most shopping destinations suffered a decline with retail parks continuing to buck the trend; attracting more visitors than the previous year and the opposite being true for high streets.

“There’s an urgent need to stall the growing number of retail locations, particularly in more vulnerable parts of the country, falling further and further behind by attracting shoppers to retail destinations with the right mix of products, experience and convenience. But this is where the conundrum lies for retailers: the growing cost of doing business leaves little to no wiggle room for investment in their store proposition.”

The East was the only region to see increased growth in September with an uplift of 1.9%.

The deepest declines in footfall were in Northern Ireland at 4.3% and the South West at 2.4%. However, the drop in Greater London slowed to 0.9% from 2% in August.

Diane Wehrle, Springboard marketing and insights director, said: “September’s sales rose due to inflation, but the accelerating decline in footfall is a strong indicator of consumers railing back spending. Aggressive early season sales indicate retailers are spooked, and they will be on edge with the six-week countdown now on to the start of the festive shopping season.”

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 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
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 2019
AI in Retail Conference 2019
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY