ShopperTrak commentary for w/c 27th March

ShopperTrak Retail Index – UK National Weekly:
Change for week 13 (27th March 2017 – 2nd April 2017): -2.4%
Change for week 13 Year-on-Year: -6.2%

 ShopperTrak Retail Index – Retail Park Weekly:
Change for week 13 (27th March 2017 – 2nd April 2017): +3.0%
Change for week 13 Year-on-Year: +4.7%

Commentary

The ShopperTrak National Retail Index is reporting a decrease Week-on-Week of -2.4% and a decrease of -6.2% Year-on-Year.  The weekend showed an increase of +5.0% Year-on-Year, whilst the Year-to-Date trend reports -2.6% compared to the previous week. Furthermore, the figure recorded is worse than last year, at -2.3%.

The only region to realise a Year-on-Year increase was London, with a slight lift of +0.3%. The Eastern region suffered the highest decrease, of-17.3%, followed by South West and Wales, of -14.6%. The region to see the lowest decrease on the year was the North East, with a dip of -3.4%.

Only three regions saw a Week-on-Week increase; the West Midlands, +9.2%; South West & Wales, +4.8% and the South East, +1.3%. All other regions rsaw a Week-n-Week decrease ,with the North West suffering the highest decrease of -12.7%. This was followed by the East Midlands, with a decrease of -9.7%. The Eastern region realised the lowest decrease of -0.4%, whilst Scotland realised a 0% change on the week.

Within Retail Parks, the ShopperTrak Index reported an increase of +4.7% in Year-on-Year footfall and an increase of +3.0% on the week. The weekend showed a 7.9% Year-on-Year change.

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