Early May Bank Holiday Provides A Boost In Footfall

Springboard has published retail footfall data for week 17 (24/04 - 30/04) noting the early May bank holiday provided a boost in footfall.

Springboard High Street Index - Week 17 2022

2022 vs 2021 = +29.5%

2022 vs 2019 = -17.5%

Week-on-week = +0.7%

Springboard's Marketing and Insights Director, Diane Wehrle, said:  

"Footfall across UK retail destinations last week was book ended by the impact of two bank holidays, which led to an uplift in footfall over the week as a whole from the week before. The beginning of the week was still influenced by Easter, due to low comparables in the week before last on Easter Sunday and Easter Monday. Following this, at the end of the week, footfall improved significantly from the week before due to the early May bank holiday. In contrast, in the intervening weekdays, footfall was noticeably lower than the week before across all three destination types, although there were larger drops in high streets and shopping centres than in retail parks. 

"It appears that Easter trips had ended last week, with declines in footfall in coastal and historic towns and in Central London, whilst footfall in market towns and Outer London (locations synonymous with home working) rose. However, the data is also indicating that a greater number of employees are returning to their offices, with an increase in footfall last week in regional city centres around the UK and a rise in Springboard's Central London "Back to the office" benchmark."

Source : Springboard

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