Footfall

Jun- 2021 -

2 June

Two-thirds of retailers face legal action in july over rents, warns BRC

Two-thirds of retailers have been told by landlords that they will be subject to legal measures from July, once the moratorium on aggressive debt enforcement ends, according to the British Retail Consortium (BRC). Research conducted by the group shows that 30% of retailers have already faced County Court Judgements (CCJs)…

May- 2021 -

28 May

Retailers

Retail NI welcomes top up grants

Retail NI has welcomed the commencement of the issuing of £72.3m in top up grants to Northern Irish businesses that remained open during the most recent restrictions. Over 13,000 trading businesses were unable to receive the most recent financial support, but their “trade and footfall” was still impacted as a…

18 May

Economy

Retail footfall rises 0.5% as shoppers return to high streets

UK retail footfall rose by 0.5% last week, predominantly driven by a 3.9% increase across UK high streets, as shoppers continued to return to high streets following the easing of restrictions last month. According to the latest data from Springboard, whilst retail footfall overall increased, retail parks footfall declined by 3.4%…

5 May

Retailers

UK retail footfall hit by bad weather

New data from Springboard has revealed that footfall at UK retail destinations dropped by 2% last week from the previous seven-day period, despite the reopening of non-essential retail stores across the country. The footfall decrease was primarily due to a considerable drop of 6.1% in high street footfall, despite footfall…

Apr- 2021 -

20 April

Retailers

Hammerson to slash rents by 30%

Hammerson has announced it is planning to slash rents for retail tenants by around 30% as non-essential shops prepare to reopen. Mark Bourgeois, the group’s managing director, said: “We reckon across the board and our business we’ll probably reduce rents from their peak by about 30% so we are really…

14 April

Economy

First day of reopening sees UK footfall rise 155%

The first day of reopening saw footfall in UK retail destinations rose yesterday by +155.2% from the same day last week, and by +225.2% in shopping centres, according to the latest data from Springboard. It found the rise in footfall in high streets was slightly lower at +176.1% and was perhaps…

7 April

Economy

UK retail footfall rises as lockdown comes to end

Footfall across all retail destinations in the UK has jumped by 8.5% in the last week, from the week before, as consumers prepare for the country’s exit from lockdown. Retail parks and high streets saw a footfall increase of 9% and 9.7%, according to data analyst Springboard. Meanwhile, footfall in…

Mar- 2021 -

26 March

Economy

Retail sales begin to recover in February

Retail sales volumes witnessed a partial recovery in February with an increase of 2.1% when compared with the 8.2% fall seen in the previous month, according to the latest figures from the ONS. In total, sales were still down by 3.7% against last year before the impact of the coronavirus…

17 March

Coronavirus

Non-essential Scottish retail to begin reopening on 5 April

First minister Nicola Sturgeon announced yesterday (16 March) that lockdown restrictions affecting some non-essential retailers will be eased as soon as next month. Garden centres, homeware stores, non-essential click-and-collect services and hairdressers will be able to reopen as soon as 5 April. Most non-essential retailers will continue to be closed…

8 March

Retailers

Footfall drops to 73.5% in February

The UK witnessed the second-largest drop in retail footfall since May 2020 last month, with figures falling 73.5%. According to the BRC, the drop represented only a 3.4% percentage point improvement from January. The figures come from the latest ShopperTrak analysis, which has recently joined retail solutions company, Sensormatic Solutions.…