FOOTFALL COMMENTARY FOR THE WEEK COMMENCING THE 3RD MARCH 2014

Article
by ShopperTrak on 10-03-14

The FootFall UK Retail Index

The FootFall National Retail Index is reporting a decline of -0.3% week-on-week. Year-on-Year a -5.0% decline was reported, likely due to Mothering Sunday falling on this week last year. However, this combined with the warm weather experienced, resulted in a 10.9% improvement on Sunday alone.

The year to date trend is currently reporting a growth of -0.2%, the first time this year that the YTD trend is reporting a negative value. However this is still greatly improved compared to last year where the YTD trend was reporting at -3.7% for the same week.

The FootFall Regional Index reports that ten out of 11 regions are showing a decline in year-on-year retail traffic, with London being the only region reporting growth of +1.6%.  Four regions are showing week-on-week improvements with the North East reporting the highest at +5.9% growth.

Within Retail Parks, the FootFall Index is reporting a year-on-year improvement of +5.1%. The weekend overall reported a 7.8% uplift year-on-year. The week-on-week statistics are also reporting growth of +1.6%.

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