Skip to content
Search
AI Powered
Latest Stories

Football fails to boost retail footfall as shopper numbers stay flat

Football fails to boost retail footfall as shopper numbers stay flat
England fans on Bedford High Street ahead of the UEFA Euro 2020 Championship Final between Italy and England on July 11, 2021 in Bedford, United Kingdom. (Photo by Hollie Adams/Getty Images)
Getty Images

England's run to the final of the Euro 2020 soccer tournament failed to boost the country's beleaguered retailers, with weekly visitor numbers at all UK retail destinations rising by a mere 0.6 per cent.

Data from Springboard showed that while shopper numbers had increased around the semi-final and final, the numbers remained underwhelming. Compared to the same period in 2019 and before the pandemic, footfall remains down almost 26 per cent.


"The Euros may have gripped the nation but the football failed to boost footfall last week, with only a very marginal rise from the week before," Diane Wehrle, insights director at Springboard, said.

"Even on the two match days the change in footfall across UK retail destinations was unspectacular, with a drop from the previous week on Wednesday and a modest rise on Sunday."

Supermarkets had said they were bracing for a surge in demand for beer and barbecue food but while retail parks edged up by 1.4 per cent, high streets remained flat.

Retailers, after being forced to shut on multiple times in the last year as part of Covid restrictions, had started to recover in June but that trend has dropped off in July. Poor weather has also kept shoppers at home.

More for you

Yvette Cooper

Home secretary Yvette Cooper speaking at the annual conference hosted by the NPCC and APCC on 19 November 2024

Photo: GOV.UK

Home secretary pledges to restore neighbourhood policing

Home secretary Yvette Cooper has announced plans to rebuild neighbourhood policing and combat surging shop theft as part of an ambitious programme of reform to policing.

In her first major speech at the annual conference hosted by the National Police Chiefs’ Council and Association of Police and Crime Commissioners on Tuesday, Cooper highlighted four of the key areas for reform: neighbourhood policing, police performance, structures and capabilities, crime prevention.

Keep ReadingShow less
Andrew Bailey acknowledges retailers' warning on job cuts
Bank of England building on Threadneedle Street, CLondon (Photo: iStock)
Getty Images/iStockphoto

Andrew Bailey acknowledges retailers' warning on job cuts

Retailers are right to warn of potential job cuts as a result of tax increases announced at last month’s budget, Bank of England governor Andrew Bailey has said.

Bailey appeared before the cross-party Treasury select committee on Tuesday (19), after almost 80 retailers claimed rising costs would make “job losses inevitable, and higher prices a certainty”.

Keep ReadingShow less
High Street shopping street
Photo: iStock

High Street Rental Auctions: Independent retailers urged to engage with local councils

The British Independent Retailers Association (Bira) has urged independent shop owners to reach out to their local councils about the government's newly announced High Street Rental Auction (HSRA) powers, which aim to tackle persistently vacant commercial properties on UK high streets.

Introduced through the Levelling Up and Regeneration Act 2023, the HSRA legislation will come into force on 2 December. It will give local authorities the ability to put the leases of long-term empty shops up for public auction, allowing businesses and community groups to secure short-term tenancies.

Keep ReadingShow less
Home energy smartmeter
Photo: iStock

Inflation jumps in October on higher energy bills

Britain's annual inflation rate jumped more than expected in October to back above the Bank of England's target as households and businesses faced higher energy bills, official data showed Wednesday.

The Consumer Prices Index reached 2.3 per cent from a three-year low of 1.7 percent in the 12 months to September, the Office for National Statistics said in a statement.

Keep ReadingShow less
Nestle

Nestle logos are pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 13, 2020

REUTERS/Pierre Albouy/File Photo

Nestle to step up marketing investment; Waters and beverages to become standalone business

Nestle on Tuesday said it will increase investment in advertising and marketing to 9 per cent of sales by the end of 2025. The company also announced plans to make its waters and premium beverages activities a global standalone business from New Year.

Unveiling a plan to fuel and accelerate growth at a Capital Markets Day for investors and analysts, the Swiss group also said it aims cost savings of at least CHF 2.5 billion (£2.25bn) above existing initiatives by end 2027 to fund increased investments.

Keep ReadingShow less