Retailers

Mixed footfall performance in July

Footfall figures decline by 3.8% in July, compared with the same period last year, according to the latest Retail Traffic Index.

This was only a small improvement on the 3.9% deficit recorded in June. Footfall did however see an increase of 3.4% in July compared with June’s footfall figures. Stores in Scotland and Northern Ireland suffered the most against last year, with weekly footfall in July down -6.5% on the same month last year.

Tim Denison, director of retail intelligence at Ipsos Retail Performance, said: “July’s figures provide further evidence that footfall in non-food stores is finding its new norm and that traffic online and in store is re-balancing.

“At this time last year, the three-month trend in store footfall was down by -9.1% on the previous year, now it is sitting at just -3.3%. True, we still have overcapacity in the number of retail units in the country and vacancy levels remain at around 10%. We also have locations that pull much more footfall than others and estate rationalisation in places is still needed.”

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