Footfall to high streets and shopping centres fell last week compared with the same period last year, as shoppers waited for bargains associated with the upcoming Black Friday and pay-day weekend.
Springboard data shared exclusively with Drapers showed that, for the week beginning November 16, high street footfall was down 3.1% year on year and shopping centres fell 2.5%, while retail parks rose 1%.
However, the figures were up on the previous week, with high streets increasing 0.8%, shopping centres 2.1% and retail parks 0.4%.
“The tremendous rise in retail park footfall of the year is beginning to slow with an annual lift of 1.0%,” said Springboard’s director of retail insights Diane Wehrle.
“For the first 40 weeks of the year, retail parks saw an average annual rise of 3.0%, which has slowed to 1.1% in the past seven weeks. Footfall across all retail locations has fallen 2.1% against 2013, a further drop on the 0.4% drop recorded last year.
“Shopping centre footfall on the surface looks disappointing, with a decline of 2.5% overall and a fall across every region but the West Midlands, which rose 6.2%. The fall across most retail locations may, in part, be due to the promise of Black Friday offers across retail this week and shoppers holding off their Christmas shopping in anticipation of a bargain, which will coincide with the pay weekend.”