Holidays play havoc with footfall
Published: 02 June, 2016
Springboard records further fall in footfall
According to Springboard the movement of the bank holiday weekend and school half term holiday to this current week caused an unsurprising downward swing in footfall to retail destinations with the Springboard Index (a weighted average of all location types) registering a decline of –3.3 per cent against what had been the half term week last year.
Shopping centres took the brunt of the change, with a fall of –5.1 per cent against last year – despite a weekly increase of +3.2 per cent. The annual decline was across the country, ranging between the East Midlands falling just –0.9 per cent and the East, which fell -9.5 per cent.
Retail parks also saw an annual decline for only the sixth time this year, falling –1.0 per cent. This however, does not dent the ongoing increase in retail park visitors with a year to date of +2.2 per cent in comparison to +1.8 per cent at this same point last year. The downturn was not across the whole country however, with North and Yorkshire recording a flat week (0.0 per cent) and Greater London and West Midlands increasing +0.7 per cent and +3.2 per cent respectively.
High street footfall was polarised with four of the 10 regions and nations experiencing increases up to +3.2 per cent in Scotland and declines elsewhere, down to –5.9 per cent in the East, which overall led to an annual decline of –3.4 per cent.
Despite the annual drop, all regions and nations across all location types, with the exception of retail parks in the South West, rose week on week, which is likely to be a response to the ongoing sunny weather throughout the country.