Popular now
Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

Footfall remains static due to variable weather

Footfall remains static due to variable weather

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Footfall in the UK remained virtually unchanged over the past week due to variable weather conditions across the country, according to data analysts Springboard.

For the week beginning 20 June 2021, week-on-week footfall only fell by 0.2%, which represents a 49.3% rise from the same period last year and a 25.3% drop from figures from 2019.

Retail parks posted a 2.0% drop, with high streets and shopping centres recorded rises of 0.2% and 0.6% over the period respectively.

Footfall in central London saw a 9% rise in footfall, while regional cities in other parts of the country reported a 0.9% decline.

Furthermore, market towns reported a 2.5% drop in footfall, while coastal towns fell by 6.8%.

Diane Wehrle, Springboard’s marketing and insights director, said: “Variable weather meant that footfall across UK retail destinations as a whole last week remained virtually level with the week before, albeit there were slight variations between urban locations of high streets and shopping centres where footfall rose marginally, and retail parks where there was a slight decline in activity.

“Footfall shifted from day to day, but overall the first part of the week from Sunday to Tuesday was more heavily impacted than the remaining four days from Wednesday to Saturday.”

She added: “Also geographically results varied, with a rise in footfall in four areas of the UK and drops in footfall in the remaining six areas. On the plus side, it seems that the appeal of larger city centres over smaller high streets rebounded last week, following shifts the other way in the previous two weeks.

“The lack of uplift in footfall on a week on week basis means that the gap from 2019 widened for the third consecutive week, although footfall remained noticeably higher than in the same week in 2020 which was the second week of trading following the lifting of Lockdown 1.”

Previous Post
MPs calls for ‘stronger policing’ to protect retail staff

MPs calls for ‘stronger policing’ to protect retail staff

Next Post
Boots UK launches online doctor services

Boots UK launches online doctor services