Easter footfall forecast looking bright for British jewellers

New Bond Street Has Become Europe’s Most Expensive Avenue

Footfall is expected to rise during the Easter weekend, bouncing back from last year’s less dim results.

According to retail experts Springboard, footfall over this year’s Easter weekend is expected to be 2.1% higher in comparison to last year’s results when it dropped by 3.3%.

High street footfall is set to have the greatest rise of 4.1%, compared to a 7.1% decrease last year, while retail parks are expected to witness a 1.7% lift.

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The forecast for shopping centres is not so bright however, with experts expecting a 1.9% drop.

In 2018, the ‘Beast from the East’ caused retail footfall to drop, particularly in high streets where footfall declined by 7.5% over the weekend as a whole, with drops in excess of 6% every day. The weather forecast for this weekend is blue skies and sunshines.

In addition, Easter falls at a better time this year. In 2018, the weekend was at the end of the month; therefore household budgets were likely to have been restricted due to the pay cycle. This year Easter falls three weeks later, in the middle of the month, which provides more spending leeway for consumers.

Tags : EasterfootfallRetail

The author Stacey Hailes

Editor, Professional Jeweller

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