Skip to content
Search
AI Powered
Latest Stories

Plan B impacting retail sales, says recent data

Plan B Covid-19 restrictions
Commuters in the city of London during the morning rush hour on December 9, 2021 in London, England. (Photo by Chris J Ratcliffe/Getty Images)
Getty Images

Plan B has impacted retail sales as latest data reveals that retail footfall dropped by 1.1 per cent last week from the previous seven day period despite the fact that Plan B Covid-19 restrictions had not fully come into force.

According to latest data from retail specialist Springboard, the number of visits to Central London was down 3 per cent from the week before while regional cities saw a 1.6 per cent decline.


In contrast, footfall in market towns edged up 1.5 per cent.

Diane Wehrle, insights director at Springboard, said, “The hoped for pre-Christmas boost in trading did not materialise last week, with footfall in UK retail destinations declining from the week before, all of which was driven by a reduction in activity in high streets.

“Footfall did rise in retail parks and shopping centres, but only by a marginal amount which wasn’t enough to deliver an uplift overall.

“Whilst Plan B restrictions, such as advice to work from home if possible, don’t come into force until today, it appears to have already had an impact last week, with a decline in Springboard’s Central London Back to the Office benchmark that was nearly double the drop in footfall in Central London as a whole.”

More for you

Sugro UK partners with Britvic to launch industry-first sample box

Sugro UK partners with Britvic to launch industry-first sample box

Leading wholesale buying and marketing group Sugro UK has collaborated with Britvic Soft Drinks, a global organisation with 39 much-loved brands sold in over 100 countries, to launch a groundbreaking Fast Food Sample Box.

The sample box is specifically designed for ICS UK LTD customers, giving them a unique opportunity to sample and experience new Fast Food soft drinks offerings firsthand.

Keep ReadingShow less
Plant-based ready meal

Plant-based ready meal brand on brink of collapse

British plant-based ready meal maker Allplants has filed a notice of intention to appoint administrators, citing ongoing financial losses, stated recent reports.

Allplants, known as the UK’s largest vegan ready meal brand, has faced mounting losses over recent years. Filing the notice provides the company with a critical window to explore options to avoid liquidation, such as restructuring, refinancing, or negotiating a sale.

Keep ReadingShow less
sottish retail-wholesale

Scottish retail-wholesale figure celebrated at University of Stirling graduation

Entrepreneur and businessperson Stanley Morrice, an influential figure in the retail and wholesale sectors, received an Honorary Doctorate from the University of Stirling at Stirling’s winter graduation held today (22).

Stanley, from Fraserburgh, is being recognised for his services to Scottish food, drink and agriculture. He entered the sector as a school leaver. In 1993, he joined Aberdeen-based convenience stores Aberness Foods, which traded as Mace. He rose to become Sales Director, boosting income by 50 per cent and tripling profits, and went on to be Managing Director, successfully leading the business through a strategic sale to supermarket group Somerfield.

Keep ReadingShow less
consumer cheer
iStock image
iStock image

Consumers cheer up as Budget nerves lift: GfK

British consumers have turned less pessimistic following the government's first budget and the US presidential election and they are showing more appetite for spending in the run-up to Christmas, according to a new survey.

The GfK Consumer Confidence Index, the longest-running measure of British consumer sentiment, rose to -18 in November, its highest since August and up from -21 in October which was its lowest since March.

Keep ReadingShow less