HOW DO RETAILERS ADAPT TO CHANGES IN OPENING HOURS?
UK retailers could soon be embracing new profit opportunities, following calls by members of the country’s parliament to relax regulations around Sunday trading. However, although this presents the possibility of lucrative footfall increase, it also raises new workforce management dilemmas. At present, shops in the UK that measure more than 280 square metres are only...
FOOTFALL COMMENTARY FOR THE WEEK COMMENCING 31ST MARCH 2014
The Experian FootFall National Retail Index is reporting a decline of -7.7% Week-on-Week and -4.5% Year-on-Year. Looking at the Daily Index, the weekdays are all reporting a decline year-on-year. However, the weekend reported a +8.6% improvement overall year-on-year.
USING SITE ANALYTICS TO FIGHT THE STAFF TURNOVER BATTLE
Staff turnover in the retail industry is an ongoing problem – a recent report published in the UK revealed that replacing employees costs the country £673million per year, with companies spending more than £20,000 recruiting staff with salaries of £25,000 or higher.
FOOTFALL COMMENTARY FOR THE WEEK COMMENCING 24TH MARCH 2014
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...
STRIKING SURGE: HOW DOES THE NEWS AGENDA IMPACT FOOTFALL?
On Wednesday 26th March, teachers across the UK went on strike over working conditions, causing distruption across the country. Hundreds of schools were forced to close, meaning thousands of children received an impromptu day off – a headache for parents but a bonus for retailers and vendors.
SHOPPING CENTRES: THE NEW COMMUNITY HEARTBEAT
It’s no secret that spare time is precious. With the demands of 21st century living – office deadlines, family pressures and endless chores – when you eventually find time to enjoy yourself, you want to make the most of it. That’s why more people than ever are seeking convenient ways to socialise.
FOOTFALL COMMENTARY FOR THE WEEK COMMENCING THE 17TH MARCH 2014
The Experian FootFall National Retail Index is reporting both an improvement of +2.3% Week-on-Week and +3.3% Year-on-Year.
FOOTFALL COMMENTARY FOR THE WEEK COMMENCING THE 10TH MARCH 2014
The Experian FootFall UK National Retail Index is reporting an improvement of +1.0% week-on-week. Retailers were reporting a sales boost this week due to the milder weather across the UK. However, Year-on-Year a marginal -0.6% decline was reported.