Retail footfall boosted by May bank holiday weekend

Publication

4 May possibly, 2022 | by The Retail Bulletin

New figures have proven that retail footfall rose by 3.1% previous week from the earlier seven working day period of time.

In accordance to Springboard, footfall was also up in excess of the May Bank Holiday break weekend, with an uplift of 8% throughout Saturday 30 April to Monday 2 Might. The potent maximize meant that the gap from 2019 for the time period narrowed to an typical of -8.3.  Historic and coastal towns done specially properly.·

In the meantime, buying centres and retail parks recorded sturdy week-on-7 days enhancements with uplifts of 9.4% and 8.2% respectively in the 3 working day time period. Higher streets also saw an improve with a rise of 7.2%. In comparison to very last 12 months, footfall was 22.5% better in all Uk retail locations in excess of the three times.

Diane Wehrle, insights director at Springboard, claimed: “The early May perhaps lender holiday break noticed a substantial increase in footfall, closing the hole from 2019 footfall to just -8.3% this was a consequence of a amount of components. It seemed shoppers deferred purchasing excursions till the weekend, creating a spike in footfall.

“Not only this, the considerable decide-up of retail park footfall in excess of the Saturday and Sunday was undoubtedly pushed by buyers restocking on food items and groceries right after the weekend.

“What’s additional, when it appears Easter trips had finished previous 7 days, with declines in footfall in coastal and historic cities, the bank vacation weekend confirmed a bounce back again.”