14 Feb UK Retail Kicks Off 2017 with Signs of Footfall Recovery
UK retail shops started the year on a positive note after it experienced a relatively small fall in footfall year-on-year, according to new figures. The latest Retail Traffic Index published by Ipsos Retail Performance indicates that footfall was down by “just” 1.4 per cent last month compared to January 2016, after December’s 9.3 per cent drop year-on-year.
In addition, store footfall was 1.2 per cent higher in the first week of the new year compared with the same week last year, providing the first week of year-on-year footfall growth since October last year.
The figures from Ipsos are in line with similar footfall stats released by the British Retail Consortium and Springboard last month, which indicated that overall footfall in December was 0.2 per cent down – making it the fourth consecutive month of decline but not as bad as the 2.2 per cent drop in December 2015.