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February 7, 2022

BRC reports 17.1% decline in UK retail footfall for January

England saw the largest footfall decline of the four UK nations, registering -19.8%.

Retail footfall in the UK decreased by 17.1% year-on-two-years (Yo2Y) last month, according to the British Retail Consortium (BRC) and Sensormatic IQ. 

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The figure is a slight improvement of 1.5% from December, but just above the three-month average decline of 17.3%.

The BRC data also reveals that High Street footfall dropped by 24.2% Yo2Y and was 1.1% lower than in December.

In addition, footfall in shopping centres decreased 37.5% Yo2Y, which was still below the three-month average decline of 36.5%.

On a regional basis, Northern Ireland saw the lightest decline at -9.5%, while Scotland recorded -16.2% and Wales stood at -16.9%. England’s decline was the greatest at -19.8%.

BRC chief executive Helen Dickinson said: “It was a slow start to 2022, with only minor improvements to UK footfall despite a significant decline in Covid cases.

“Indeed, it was quality over quantity in January; less people visited retail parks and shopping centres, but those who did went to more stores at each location.

“It is likely the January sales influenced this behaviour, encouraging consumers to shop around in their quest to find the best deals.

“As we emerge out of the Omicron wave and the return to the office gains momentum, we are hopeful footfall will continue to improve.

“Yet, even as restrictions are eased, retail footfall will not return to pre-pandemic levels any time soon.”

Sensormatic Solutions Europe, Middle East and Africa (EMEA) retail consultant Andy Sumpter said: “With the Government dropping covid Plan B curbs and work from home guidance, retailers will be hoping consumer confidence will also return along with the commuter trade to boost footfall and put a spring back in to the step of the High Street’s recovery.”

Last month, the Confederation of British Industry’s (CBI) latest quarterly Distributive Trades Survey revealed that retail sales dropped by 23% last month compared with 2% in December.

The CBI has forecast sales to remain below seasonal norms at -17% this month.

Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.