Footfall in UK retail destinations rose by 4.1% last week against the week before, marking a “significant” acceleration in the prior week’s rise of 0.8%, and 1.8% rise in the same week last year.
This also marked a reversal of the previous week when footfall declined in these two regions, and a “far stronger” performance than the same week last year when footfall only rose by 1.6% in Greater London and 2.2% in the South East.
According to Springboard, these two regions “generate a far greater volume of footfall than elsewhere”, which meant that last week’s results ended with footfall 30.7% lower than the year before, a “noticeable improvement” from an annual drop of 32.5% reported the week prior.
Shopping centres were a “clear winner” however, with a week-on-week increase of 7.1% against a rise of 3.2% in high streets and 2.7% in retail parks.
Despite this, retail parks still “lead the way” in recovery, with footfall only 10.6% lower than last year compared with shopping centres, where footfall is 32.4% lower and high streets where it is 39.1% lower.
High streets as a whole were “adversely impacted” by a general lack of footfall returning to central London, where footfall remains 61.2% lower than last year.
In contrast, footfall in local high streets has recovered to a “far greater extent”. In outer London high streets, the drop in footfall from last year was only 29.5%, while it was 28.7% in coastal towns and 28.3% in market towns…