FootFall Retail Index – UK National Weekly:
Change for week 23 (6th June – 12th June 2016): -6.8
Change for week 23 Year-on-Year: -3.7
FootFall Retail Index – Retail Park Weekly:
Change for week 23 (6th June – 12th June 2016): -1.7
Change for week 23 Year-on-Year: +0.9
The FootFall National Retail Index is reporting a decrease Week-on-Week of -6.8% and a decrease of -3.7% Year-on-Year. The weekend shows a decrease of -4.1% Year-on-Year. The Year-to-Date trend reports -2.3% compared to the previous week. Furthermore, the figure recorded is worse than last year -1.1%.
This comes after a poor May for retailers, during which the EU referendum and a slowing global economy took a toll on consumer confidence. Spending increased by just 0.8% annually in May, compared to a 2.6% annual increase in April and at the slowest ….