Welcome to our latest Global Shopper Trends report, providing key statistical insight into international shopper behaviour during the third quarter of 2016.
Globally, retail footfall declined by -1.2% in Q3 2016, however there were many regions that saw improvement in retail traffic. Poland, Portugal and Spain all saw growth during the quarter, along with China, Hong Kong and Japan in the Asia-Pacific region.
Even in regions that did not record an improvement in footfall, generally speaking, consumer confidence remained fairly buoyant during the quarter. Retail sales also remained steady, showing the high value of consumers that did decide to shop at physical retail venues.
With peak trading now lying ahead, it will be interesting to see how the global shopping landscape changes. Many regions experienced their best monthly footfall result at the end of Q3, which bodes well for Q4, although the result of the U.S presidential election could impact consumer confidence going forward. We will share the results with you at the end of the next quarter.