×
6 411
Fashion Jobs
DR. MARTENS
Employee Relations Manager UK & eu
Permanent · LONDON
HARVEY NICHOLS
Facilities Manager
Permanent · LEEDS
FRASERS GROUP
Performance Marketing Manager
Permanent · STRETFORD
RAINS
Category Sales Manager, Bags And Accessories, UK
Permanent · LONDON
PRIMARK
Retail Construction Project Manager
Permanent · READING
ASOS
Finance Manager
Permanent · LONDON
L'OREAL GROUP
Lancôme, Deputy Business Manager, 1.0, Peter Jones London
Permanent · London
L'OREAL GROUP
Kiehl's Solo Account Manager, 1.0, Tunbridge Wells
Permanent · Royal Tunbridge Wells
NEXT
Sales Manager - Nottingham Giltbrook
Permanent · NOTTINGHAM
NEXT
Delivery Coordinator - Icon o2 Clearance
Permanent · LONDON
NEXT
Delivery Manager - Glasgow
Permanent · GLASGOW
NEXT
Delivery Coordinator - Newry Quays
Permanent · NEWRY
NEXT
Van Driver - Manchester Trafford
Permanent · MANCHESTER
ESTÉE LAUDER
Tom Ford - Assistant Business Manager - Harrods - 37,5hrs
Permanent · London
DR. MARTENS
Retail Operations Coordinator
Permanent · SHANG HAI SHI
EVERLAST GYMS
General Assistant (Cleaning Team) - Everlast Gyms
Permanent · CARLISLE
FLANNELS
Management Opportunities - Flannels
Permanent · CHESHUNT
FRASERS GROUP
Warehouse Training Partner - Evening/Back Shift
Permanent · SHIREBROOK
FRASERS GROUP
Warehouse Training Partner - Night Shift
Permanent · SHIREBROOK
CRAIG GREEN
Product Manager
Permanent · LONDON
JOHN LEWIS
7.5t c1 Driver Installer
Permanent · THEALE
WAITROSE
Customer Delivery Driver- Coulsdon Customer Fulfilment Centre
Permanent · LONDON
Ads
Published
Apr 7, 2022
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

March footfall boost likely to be followed by weaker April and beyond - Springboard

Published
Apr 7, 2022

Retailers beware. A strong uplift in UK footfall in March was only likely to be the calm before the storm, warned Springboard on Thursday. “Expect this to be short-term goods news for retailers”, its latest report noted.


Photo: Nigel Taylor


 Diane Wehrle, Marketing & Insights Director of Springboard, warned: “With the substantial increase in energy and fuel prices, consumers are aware that increased costs are on the horizon but have not fully hit.
 
“Inevitably this will mean less disposable income and so some retail spending will be curtailed, particularly as we enter the summer period when many consumers will be looking to reserve budget to spend on much longed for summer holidays.”

So what actually happened last month? Footfall strengthened noticeably, to -15.3% below 2019 from -20.7% in February. Martha’s figures nearly reached the level achieved in November of -14.5%, prior to the increase in Covid infections due to the Omicron variant.
 
Footfall declined from 2019 by -17.4% in high streets, -21.3% in shopping centres and -4.2% in retail parks. High streets particularly benefited with an improvement from -26.2% in February.
 
Springboard also noted that alongside price inflation, the longer-term challenge for physical retail destinations is hybrid home/office working that now appears to have become widely adopted. 
 
“With many employees opting to work at home for at least part of the week, the recovery in footfall – particularly in large city centres – has been constrained and is likely to remain so for the foreseeable future”, it said. 
 
“At the same time, however, it should be recognised that not all of the drop in footfall is due to Covid; even prior to the pandemic Springboard’s data had shown an average drop in footfall of around -1.5% per annum for the past decade as consumers migrated some of their spending online. The net Covid impact on footfall to date, is therefore circa -12%”. 
 
 

Copyright © 2023 FashionNetwork.com All rights reserved.