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Last Week's Footfall Improved On 2019 And 2021 Figures

Shopping centre - Shutterstock 237523567 - 725 x 500

Springboard has published footfall data for week 52 (01/01 - 07/01) advising that footfall strengthened across UK retail destinations last week against 2021 and 2019 despite rail strikes.

Springboard Shopping Centre Index - Week 1 2023

2023 vs 2022 = +6.4%

2023 vs 2019 = -18.6%

Week-on-week = -9.3%

Springboard's Marketing and Insights Director, Diane Wehrle, said:

In what was the first working week in the new year for many, footfall across UK retail destinations strengthened last week against both the same week in 2021 and 2019, a positive indicator in the face of train strikes and also strong performance in the post Christmas days in the week before last. 

On a week on week basis footfall declined last week, but this is a result we had expected and which has occurred in the same week in previous years following the end of the Christmas spending spree.

High streets performed particularly strongly last week against 2022, with the year on year uplift more than doubling from the week before last, while in both retail parks and shopping centres the improvement from last year worsened.

As has been the case since the start of the train strikes, there was a positive impact for local high streets last week.  Both market towns and Outer London recording rises in footfall from the previous week as people worked from home and shopped locally. 

In contrast, Central London and other large cities across the UK shouldered the impact of the strikes with a drop in footfall, although the drops were not as significant as those recorded over the first days of the strikes. Furthermore, year on year uplift in footfall in Central London and other city centres last week was far greater than in smaller high streets, suggesting that this is a short term hit and that footfall in city centres continues to bounce back.

Source : Springboard

Image : Shutterstock.com / 237523567 

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09 January 2023

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