High streets and retail parks enjoy footfall uplift

Christmas Shoppers Hunt For Gifts On The High Street

High streets and retails parks both witnessed a strong footfall uplift during the week commencing December 28, according to a report from retail footfall analysts Springboard.

Springboard have released figures showing high streets enjoyed a strong footfall uplift on ‘Take Back Tuesday’ and Saturday January 2 2016, despite wet weather.

A rush to return and exchange unwanted Christmas gifts on Tuesday December 29 2015, known as ‘Take Back Tuesday’, triggered a 5.1% YOY footfall uplift across UK high streets.

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A second peak was also experienced on Saturday January 2 2016, with footfall across UK high streets up 9.7% YOY.

Despite these peaks, footfall across UK high streets from Monday December 28 2015 to Friday January 1 2016 inclusive dropped by -3% YOY, with footfall down -2.6% YOY on New Year’s Day.

This compares with an increase last year in high streets from Monday to Friday after Christmas of +6.2% YOY and +14.2% YOY on New Year’s Day.

Despite this, high streets were the destination of choice for shoppers on Saturday January 2 2016, with a strong uplift of 9.7% YOY, with out of town retail parks and shopping centres only experiencing a 0.3% and 4.8% increases respectively.

Overall, footfall on Saturday January 2 2016 was strong, with the UK average up 6.3% YOY.

Diane Wehrle, insights and marketing director at Springboard comments: “Building on strong footfall experienced by high streets this time last year was always going to be a challenge for high streets, and these figures show there a job to be done in 2016 to in order for a positive uplift to be realised.”

Tags : decemberDiane WehrlefootfallHigh streetsJanuaryNew Years Dayretail parksretailm consumersshoppingshopping habitsTake back Tuesday

The author Stacey Hailes

Editor, Professional Jeweller

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