• FootFall commentary for w/c 28th March 2016

    FootFall Retail Index – UK National Weekly:
    Change for week 13 (28th March – 3rd April 2016):  +9.0%
    Change for week 13 Year-on-Year: +2.5%

    FootFall Retail Index – Retail Park Weekly:
    Change for week 13 (28th March – 3rd April 2016): +3.1%
    Change for week 13 Year-on-Year: -2.5%

    Commentary

    The FootFall National Retail Index is reporting an increase Week-on-Week of +9.0% and an increase of +2.5% Year-on-Year. The weekend shows an increase of +104.7% Year-on-Year. This increase is most likely due to this time last year being the Easter weekend, with most centres closed on Sunday. The Year-to-Date trend reports -2.3% compared to the previous week. Furthermore, the figure recorded is worse than last year -0.7%.

    The FootFall Regional Index reports seven regions showing an increase in Year-on-Year retail traffic. The South West and Wales realised ….

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  • FootFall analysis: Will Diwali cast a glowing light on the retail industry?

    Hindus, Jains and Sikhs across the world are preparing for one of the biggest events in Indian culture – Diwali, the festival of lights – on November 11th, honouring Lakshmi, the goddess of wealth.

    The festival has a number of traditions, which include huge fireworks displays, decorating houses with lights, and exchanging gifts such as sweets and dried fruits; all of which can have a potentially positive impact on the retail industry.

    To investigate the relationship between Diwali and consumer activity, we carried out footfall analysis in two key regions – India and the UK – and uncovered some interesting insights.

    Diwali can fall anytime between mid-late October and early November, which means the day of the week on which celebrations are held varies from year-to-year. For example, in 2013 it fell on a Sunday (3rd November), but the following year it took place on a Thursday (23rd October).

    This ….

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