Shoppers return as economy strengthens – BRC

In Industry News On

The latest numbers from the BRC/Springboard footfall monitor show that footfall in March was 1.8% higher than a year ago, significantly up on the 2.9% fall in February and above the three-month average of 0.4%.

Footfall on the high street was 2.6% higher than the previous year for March, the largest rise in eleven months. Out-of-Town reported the greatest rise, 3.0% higher than a year ago, while footfall in shopping centres was down 0.5% on the previous year. 

British Retail Consortium director general Helen Dickinson (pictured) said: “These are strong results. They confirm what retailers have been reporting to us, that a combination of good pricing and promotions, with well-received new ranges, has driven a significant increase in shoppers on high streets and in out of town shopping centres.”

“With the shift in Easter to April this year, it will be important to look at April’s results as well to understand the full footfall picture. Retailers will be working hard to support this positive trend, and encourage people to take advantage of shopping opportunities over the Easter break.” 

Retail insights director at Springboard Diane Wehrle added: “It is encouraging that following an improvement in the weather, footfall in our retail destinations returned to positive growth of 1.8 per cent. This indicates that the improved consumer confidence, increasing house prices and lower unemployment are all starting to have a positive impact, particularly as despite the adverse effect of the rain in February, the average of 0.4 per cent for the first quarter this year is significantly improved on the drop in footfall of 3.2 per cent in quarter one 2013.”

You may also read!

Usdaw says workers need extra protection from the hot weather

As the mercury rises and the Met Office issues a new amber weather warning for extreme heat, retail trade

Read More...

Hotpoint launches new built-in fridge-freezers

Hotpoint has launched a range of built-in fridge freezers, designed to bring advanced cooling and food preservation technology into

Read More...

Haier to presents its Smart Home concept at Milan Design Week

Haier has chosen Milan Design Week 2021 to bring its idea of the ultimate Smart Home into reality. The Chinese

Read More...

Mobile Sliding Menu

©2021 Innovative Electrical Retailing. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 15a London Road, Maidstone, Kent ME16 8LY
open