Retail footfall rises as Christmas lights are switched on

by | Nov 15, 2021

Footfall at UK retail destinations rose last week as city centre Christmas lights were switched on, according to data released on Monday by retail analyst Springboard.
Footfall was up 1.5% compared to the week before, but performances varied between retail parks – where footfall fell 1.1% – and high streets and shopping centres, where footfall was up 2.5% and 1.7% respectively.

Springboard said there was also a clear differentiation between the Monday to Friday period, when footfall fell by average 1.4% – and the first and last days of the week, when footfall rose by an average of 8% on Sunday and Saturday. At high streets and shopping centres, footfall on Saturday, after Christmas lights in many cities were switched on, rose 11.7% and 10% respectively. Retail parks saw a more modest 3.2% increase.

Footfall in Central London was 1% higher, however, and Springboard said the benefit to footfall is set to be seen more clearly this week after lights were switched on over the weekend. In regional cities outside the capital, where lights were switched on on Friday, footfall rose 4.7% compared with just a 1.4% increase in market towns.

Diane Wehrle, Insights Director at Springboard said: “With Christmas lights being switched on in a number of city centres at the end of last week, last week might have provided an early indicator of the anticipation of shoppers for visiting retail destinations over the Christmas trading period.

“Whilst footfall declined marginally between Monday and Friday last week, the week was bookended with marked increases from the week before on both Sunday and Saturday, the two days when shoppers are more readily able to make leisure trips to retail destinations. In addition, it was high streets and shopping centres – where Christmas events and decorations tend to be in the greatest abundance, rather than retail parks that benefited from the greatest uplift in shopper activity.”

Related articles

Annual UK property sales fall in August – HMRC

Annual UK property sales fall in August – HMRC

(Sharecast News) - Annual house sales fell sharply in August, provisional government data showed on Friday. According to HM Revenue and Customs, the seasonally-adjusted estimate of UK residential transactions was 87,010 last month. That was a 1% uptick on July 2023...

Retail sales climb as September heatwave fades – BDO

Retail sales climb as September heatwave fades – BDO

(Sharecast News) - High street sales pushed higher last week, industry research showed on Friday, as delayed autumn spending finally looked to have got underway. According to the latest BDO High Street Sales Tracker, total like-for-like sales rose by 5.51% in the week...

Mortgage approvals at six month low – Bank of England

Mortgage approvals at six month low – Bank of England

(Sharecast News) - Mortgage approvals fell to a six-month low in August, official data showed on Friday, as higher interest rates continued to weigh on lending. According to the latest Money and Credit report from the Bank of England, net mortgage approvals for house...

Latest Articles

US open: Stocks steady as inflation continues to ebb

US open: Stocks steady as inflation continues to ebb

(Sharecast News) - Wall Street was on a firmer footing on the last trading day of the third quarter as a key inflation indicator printed slightly below the consensus forecasts. "The September rut in stock indices paused into quarter end as both Eurozone and the Fed's...

FTSE 100 movers: Severn Trent, JD Sports rally

FTSE 100 movers: Severn Trent, JD Sports rally

(Sharecast News) - London's FTSE 100 was up 0.5% at 7,642.68 in afternoon trade on Friday. Severn Trent was the standout performer on the index after saying it was seeking to raise £1bn for a transformation plan expected to create 7,000 jobs across the Midlands. JD...

Annual UK property sales fall in August – HMRC

Annual UK property sales fall in August – HMRC

(Sharecast News) - Annual house sales fell sharply in August, provisional government data showed on Friday. According to HM Revenue and Customs, the seasonally-adjusted estimate of UK residential transactions was 87,010 last month. That was a 1% uptick on July 2023...

BofA Merrill Lynch upgrades Marks & Spencer to ‘buy’

BofA Merrill Lynch upgrades Marks & Spencer to ‘buy’

(Sharecast News) - Bank of America Merrill Lynch upgraded Marks & Spencer on Friday to 'buy' from 'neutral' as it argued the stock is still too cheap and consensus earnings too low. The bank said that despite the stock's outperformance year-to-date, it believes that...

Retail sales climb as September heatwave fades – BDO

Retail sales climb as September heatwave fades – BDO

(Sharecast News) - High street sales pushed higher last week, industry research showed on Friday, as delayed autumn spending finally looked to have got underway. According to the latest BDO High Street Sales Tracker, total like-for-like sales rose by 5.51% in the week...

Join our mailing list

Subscribe to our mailing list to receive regular updates!

No Fields Found.
x