Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Post covid footfall gains are wiped out as shoppers stay at home

by August 4, 2022
August 4, 2022
Post covid footfall gains are wiped out as shoppers stay at home

Footfall across retail destinations in Britain fell last month to 14.2 per cent below the 2019 level, wiping out all the gains made since April.

Some of the weakening in consumer activity was because of the extreme heat in the third week of the month, when footfall dipped to 16.4 per cent below the 2019 level from 12.9 per cent in the week before, according to the survey from Springboard Footfall Monitor and Insights.

Springboard, which is part of the High Street Taskforce, pointed to a “north-south divide emerging in terms of the recovery in footfall, indicating the impact of the proportionately greater burden of inflation that is being felt in the north”.

It found that between January and July footfall increased from month to month by an average of 1.8 per cent in Greater London compared with 0.4 per cent in the north and Yorkshire, and in July footfall in Greater London was 27.4 per cent above the 2021 level versus 8.9 per cent in the north and Yorkshire, 7.2 per cent in Northern Ireland and 9.2 per cent in Scotland.

Springboard said for the rest of the year “we would normally expect footfall to peak in August and dip in September as the school summer break ends. In light of the increasing strain on household budgets as a consequence of inflation, we are anticipating that in August footfall will plateau or even drop away marginally by around 1 per cent from July, followed by a decline of around 3 per cent over the month between August and September.”

Read more:
Post covid footfall gains are wiped out as shoppers stay at home

0
FacebookTwitterGoogle +Pinterest
previous post
Company insolvencies at highest rate for a decade
next post
Prepare for 15% inflation next year, Britain warned

You may also like

North of England rail faces ‘utter chaos’, warns...

November 28, 2022

Tech leaders debate AI skills shortage in Parliament 

February 20, 2024

Etsy’s new ban on sex toys and erotic...

July 7, 2024

Airbnb shares tumble 12% amid weakening US demand...

August 7, 2024

Restore tourist tax break to boost UK retail,...

July 8, 2024

UK Government unveils £92bn transport overhaul to drive...

July 8, 2025

Amazon boycott could cost up to £47m in...

March 20, 2025

How SMEs can utilise payment tech to stay...

October 3, 2022

Aston Martin poised for £1bn Verstappen coup in...

January 16, 2025

From Health Gains to Wallet Wins: The Life-Changing...

November 7, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • WATCH: Trump says he is hopeful Hillary Clinton will be investigated for election fraud

      August 1, 2025
    • Trump moves nuclear submarines weeks after praising sub’s power in Iran strikes

      August 1, 2025
    • Recess on ice as Republicans hunker down for high-stakes nominee blitz

      August 1, 2025
    • Iran says it has ‘plenty of scientists’ left to restart uranium enrichment, despite US, Israeli strikes

      August 1, 2025
    • No, Tariffs Are Not Similar to Consumption Taxes Like a VAT

      August 1, 2025
    • Trump repositions 2 nuclear submarines after ‘highly provocative’ Russian comments

      August 1, 2025

    Categories

    • Business (8,651)
    • Investing (2,168)
    • Politics (16,281)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved