Footfall
Footfall is a vital metric for the UK jewellery trade, directly impacting retail performance and shaping strategies for high street and shopping centre locations. For jewellers, suppliers, and trade professionals, understanding footfall trends helps optimise store layouts, marketing campaigns, and staffing during peak periods. Jewellery Focus provides detailed coverage on footfall patterns, consumer behaviour, retail analytics, and insights into how economic and seasonal factors influence in-store traffic.
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Sep- 2022 -21 SeptemberFeatures
What will happen to luxury spending this winter?
Revenues in the jewellery industry have amounted to $4.03bn (£3.53bn) in 2022, with the market expected to grow annually by 5.6%, according to Statista. The global jewellery market size is expected to reach $518.9bn (£454.87bn) by 2030 and expand at a CAGR of 8.5% from 2022 to 2030, a report…
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1 SeptemberEconomy
Footfall recovers in August despite cost of living crisis
Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019 compared with -14.2% in July 2022, after it had weakened from -12.3% in June 2022, according to Springboard’s Footfall Monitor. The “unexpected turnaround” covering the four weeks 31 July to 27 August saw footfall strengthened in…
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Aug- 2022 -30 AugustRetailers
Store closures drop to lowest rate in seven years
Store closures have stabilised to the lowest rate in over seven years, with 6,146 store closures in H1 2022 (-30%) year-on-year from multiple retail operators, compared to 3,888 openings (+11%). According to PwC’s latest Store Openings and Closures report for H1 2022, there were 34 closures, 21 openings, and a…
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4 AugustEconomy
Footfall declines in July as north-south divide grows
Footfall weakened in July to -14.2% below 2019 from -12.3% in June 2022 with the month’s performance also highlighting the growing divide between the north and south of the country, according to the latest data from Springboard. July saw a -17% decline compared with 2019 in high streets, a -18.6%…
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Jul- 2022 -18 JulyRetailers
Footfall drops as heatwave hits UK
Footfall across UK high streets are down -7.3% on last week as the country experiences a heatwave, according to Springboard. However, high streets in coastal towns have seen a surge of footfall, rising by 9.0%. The largest drop was seen in greater London, which was down -13% across high streets…
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Jun- 2022 -20 JuneRetailers
Footfall rises 4% as heatwave sweeps across UK
Footfall across UK retail destinations rose by +4.1% last week from the week before, with the largest rise of +5% in high streets, according to Springboard. Footfall aslo in retail parks rose by +2.5% and by +3.7% in shopping centres. On Saturday footfall in high streets declined by -7.6% whilst…
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14 JuneFeatures
Laings: what’s next?
What is your history in the industry? I have been in the industry for over 27 years, having held various roles across the sector and within Laings itself – from shop floor to operations management. My career in the jewellery and watch sector started in 1995 with Ernest Jones, before…
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May- 2022 -17 MayEconomy
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall in both retail parks (-1.8%) and shopping centres (-2.3%) whilst in high streets footfall rose modestly by +0.7%. This meant that the gap from the 2019 footfall level widened to…
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6 MayEconomy
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3% in March 2022, according to the latest figures from Springboard. It said that the month was “salvaged” by Easter in the second week, when footfall rose by +9.1% from the…
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Apr- 2022 -5 AprilEconomy
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared to the previous month due to “unseasonably warm weather”. According to Ipsos Retail Performance, the retail sector performed the strongest at -14.9% compared to pre-Covid levels, while footfall on the…
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