FOOTFALL COMMENTARY FOR THE WEEK COMMENCING 24TH MARCH 2014

Article
by ShopperTrak on 01-04-14

FootFall UK Retail Index

The FootFall National Retail Index is reporting an improvement of +6.0% Week-on-Week and +3.7% Year-on-Year. The great performance this week will have been influenced by the teachers’ strike mid-week which impacted most regions, resulting in uplift on Wednesday of between 12-21%.

Also consumers preparing for Mother’s Day on Sunday and the warm weather will have contributed to a boost in footfall. The comparative week last year included Good Friday and Easter Sunday. The weekend overall reported a +85.3% improvement due to this.

Comparing Mother’s Day 2013 to Mother’s Day this year we are reporting a +19.4% improvement.

The year-to-date trend has improved again this week and is now reporting at +0.4%. This continues to report a better YTD performance compared to last year where it was reporting at -4.4% for the same week.

The FootFall Regional Index reports that six out of 11 regions are showing an improvement in year-on-year retail traffic, with London reporting the highest growth of +16.6%. Nine regions are showing week-on-week improvements with Northern Ireland reporting the highest at +20.3% growth.

Within Retail Parks, the FootFall Index is reporting a year-on-year improvement of +3.2%. The weekend overall reported a 23.1% uplift year-on-year due to the aforementioned comparison against Easter weekend last year. The week-on-week statistics are reporting a decline of -1.2%.

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