ShopperTrak commentary for w/c 6th March

ShopperTrak Retail Index – UK National Weekly:
Change for week 10 (6th March 2017 – 12th March 2017): +1.4%
Change for week 10 Year-on-Year: -0.6%

ShopperTrak Retail Index – Retail Park Weekly:
Change for week 10 (6th March 2017 – 12th March 2017): -2.6%
Change for week 10 Year-on-Year: +3.6%

Commentary

The ShopperTrak National Retail Index is reporting a decrease Week-on-Week of -0.6% and an increase of +1.4% Year-on-Year.  The weekend showed a decrease of -0.6 %Year-on-Year. The Year-to-Date trend reports -3.1% compared to the previous week. Furthermore, the figure recorded is worse than last year, -2.3 %.

Only 4 regions saw a Year-on-Year increase, with the Yorkshire Humber region realising the highest increase of +8.6%, and the West Midlands seeing the lowest increase of +0.2%. This was followed by the South East region, with a slight increase of +0.8%. The region to suffer the highest Year-on-year decrease was the Eastern region, with a dip of -3.9%, followed by the North West Region, of -2.2%. The North East region realised the lowest decrease of -0.5%.

Only two regions saw a Week-on-Week increase; the East Midlands, with +3.8% and the North West, with +0.5%. The South West and Wales region saw no change on the week, whilst all other regions saw a Week-on-Week decrease. The West Midlands realised the highest decrease of -7.3%, followed by The North East and South East regions, both of which saw a decrease of -6.1% Week-on-Week. London realised the lowest decrease on the week, of -0.3%.

Within Retail Parks, the ShopperTrak Index reported an increase of +3.6% in Year-on-Year footfall and a decrease of -2.6% on the week. The weekend showed a 2.1% Year-on-Year change.

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