Posted 14th Dec 2018

Footfall declines ‘significantly’ in November 2018

14th December 2018 - 10:43am
money matters, brc, british retail consortium, springboard, footfall, uk, retail, shopping, high street, retail park, shopping centre, kitchen, bathroom, kbb, kbbdaily, ekbbusiness

The latest British Retail Consortium – BRC – Springboard Footfall and Vacancies Monitor has found that footfall in November fell by 3.2%, a “significant” decline compared with the previous year’s growth of 0.2% in the same month.

The figure marks the 12th consecutive month of decline, the BRC noted, adding that the “Black Friday effect” of driving more shopping online during the period is becoming longer. High streets saw a drop of 3.8% in footfall last month, marking the fourth month of weakening footfall.

Retail parks “also fell deeper into decline” with a drop of 1.4%, marking the deepest fall since April this year when it dropped by 1.8%. Lastly, shopping centres saw a drop in footfall of 3.8% in November 2018.

“Footfall continued to decline as consumers stayed away from the high street in November,” said BRC CEO Helen Dickinson. “With one in every three pounds of non-food purchases made online last month, Black Friday accelerated the movement from in-store to online in the lead up to Christmas.

“The Black Friday discounting period also began earlier for a large number of retailers negatively impacting footfall across a longer period over the month,” she added. “It has been a difficult year for many retailers and the outlook remains challenging as Brexit uncertainty grows.”

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