UK: January retail footfall reaches two-year high
The 1.6% increase in January is the first annual rise since July
UK retail footfall increased 1.6% year-on-year in January - the best performance since December 2011 as more consumers flocked to the shops.
According to the British Retail Consortium (BRC)/Springboard Footfall Monitor, this is the first annual rise since July 2013, and is up on the 2.4% drop in December.
Shopper numbers in out-of-town locations improved to a 5.7% increase and shopping centres reported an increase of 2.4%.
Although high streets saw footfall slip 0.6% during the month, this was "substantially" up from the 3.7% fall in the prior month.
This, she noted, shows UK shoppers were "enthusiastically checking out the promotions available during the sales season".
While Diane Wehrle, retail insights director at Springboard, said: "This result demonstrates that whilst the growth of online retailing continues apace, retail destinations remain attractive to shoppers and that retailers' approach in delivering a multichannel offer is the right one."
- How apparel retailers should react to Brexit
- US fashion firms share their sourcing strategies
- Britain votes for Brexit – what happens next?
- Retailers warned of high volatility in Brexit wake
- Brexit uncertainty over pending EU trade deals
- Online fabric platform to "revolutionise" buying
- Alliance cuts ties with three more factories
- Uniqlo said to be scaling back US expansion
- Better Work Vietnam launches labour law mobile app
- UK must act with urgency to cut Brexit uncertainty
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Primark Stores Limited: Retailing - Company Profile & SWOT Analysis
- Clothing & Footwear Retailing in Indonesia– Market Summary & Forecasts
- Clothing & Footwear Retailing in Denmark
- Clothing & Footwear Retailing in China – Market Summary & Forecasts