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Springboard: Footfall Bounced Back Last Week

Two female shoppers with bags retail shopping shutterstock_1230910540

Springboard has published retail footfall data for week 39 (25/09 - 01/10) noting that footfall bounced back across UK retail destinations following Bank Holiday Monday.

Springboard Retail Paark Index - Week 39 2022

2022 vs 2021 = +3.4%

2022 vs 2019 = -2.3%

Week-on-week = +11.7%

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

Footfall across UK retail destinations rose last week from the week before, however, all of the rise was driven by a bounce back in activity on Monday, when there was a significant drop in footfall in the week before last due to the bank holiday on the day of Her Majesty the Queen's funeral.  Likewise - but in contrast - footfall declined on Tuesday following a rise in the week before last when people had gone back to work after the bank holiday.  From Wednesday onwards, footfall returned to a more normal pattern, although rain on Friday in many areas of the UK led to a significant drop in shopper activity in high streets which impacted the overall result for that day.

All of the rise in footfall last week emanated from increases in activity in retail parks and shopping centres, with only a marginal increase from the week before in high streets.  Results across the range of town types varied; despite a bounce back in footfall in Central London on Monday from the week before last, over the week as a whole it declined whilst rising in city centres outside of the capital, in market towns and in Greater London.  These results, together with a drop in activity in Springboard's "Central London Back to the Office" benchmark, suggests in increase in working from home last week.

Source : Springboard

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04 October 2022

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