• How does the political and economic agenda impact retail traffic?

    Retailers across APAC continue to feel the repercussions of uncertainties in in the Chinese stock market. Similarly, in the UK the potential knock-on impacts of the EU referendum are being widely discussed; headlines are filled with warnings about how the BREXIT campaigns are impacting consumer confidence. Should retailers and shopping centres be looking at political and economic trends and planning for their effect on consumer spending?

    All eyes were on Canberra today (Tuesday 3rd May), when the Australian federal government revealed its annual budget. This announcement will interest the retail sector in more ways than one, as it’s not just their business finances that will be affected.

    In the wake of the budget announcement, Australian consumers will be following the news closely, to see how it impacts their personal finances – and historically this uncertainty has tended to drive them away from stores and shopping centres.

    An analysis ….

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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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