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

What is CBD? | An Overview of CBD...

August 17, 2022

Used Cars for Sale UK: Affordable Options from...

October 10, 2024

Influencer Overload? How to Navigate the World of...

November 26, 2024

UK insolvencies rising due to high interest rates,...

December 11, 2023

What are the Best Features of Business Loans?

February 7, 2023

UK job vacancies fall for eighth time in...

March 14, 2023

Next buys collapsed Made.com in £3.5m deal

November 9, 2022

Why Human Resource Management Is Crucial for Foreign...

January 20, 2025

Summer Job Cuts as Minimum Wage Increase Bites

June 17, 2024

UK minimum wage to rise to £12.21 in...

October 30, 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

    • Harmony Squad: Supreme Court Issues Six Unanimous Decisions

      June 5, 2025
    • Quick Login to AmourFactory: A Beginner’s Guide

      June 5, 2025
    • Disabling Trump’s “Tariff Button”

      June 5, 2025
    • ‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

      June 5, 2025
    • Federal judge orders Trump to restore funding to Clinton-era agency gutted by DOGE

      June 5, 2025
    • Musk says Trump would have lost 2024 election without him as ‘Big Beautiful Bill’ feud continues

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,535)
    • Stocks (3,128)
    • 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