Essential reading for retailers and suppliers in the home improvement market

Footfall declines but spend rises on high street in September

Published: 17 October 2016

Retail spend rose 1.3% in September, but footfall and shop prices declined on a year-on-year basis according to the latest report from the British Retail Consortium (BRC) and retail analysts Springboard.

Footfall in September was down 0.9% compared with a year ago, which marked a return to the decline in footfall before the 0.1% rise in August. Footfall on the high street fell after two months of growth, a total fall of 0.5% in September following a 1.1% rise in August.

In shopping centres footfall fell 2.5% in September, a further fall from the 1.9% decline in August.

Said Springboard marketing and insights director Diane Wehrle, "While the very warm and sunny weather will have drawn consumers to high streets in September, resulting in a greater drop in shopping centre footfall of 2.5 per cent, this is not just a one off result as shopping centre footfall has dropped by 1.8 per cent for the year to date compared with – 1.4 per cent in high streets and a rise of 1.2 per cent in retail parks."

Footfall was down but spend up in stores during September
Footfall was down but spend up in stores during September

“The issue for shopping centres could be that many have lacked the investment required to maintain their appeal for shoppers whose standards and expectations have risen.”

Comments


(Your email address will not be published)
2 + 3 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories