Huq Industries’ latest footfall report reveals nuanced trends in footfall, dwell time, and weekday visitation across UK’s retail centres, particularly in High Streets and Town Centres as of the week ending October 6, 2024.
Notable regional variations are evident, with London experiencing a strong year-on-year increase in average daily footfall. Conversely, the East Midlands saw a decrease compared to the previous year.
High Streets & Town Centres Daily Footfall
Dwell Time Trends
Dwell time, which measures the average duration visitors spend at a location, also shows interesting trends. Wales reported a good year-on-year increase in dwell time, suggesting a shift towards more engaged and prolonged retail experiences in the region. Yorkshire and the Humber, however, saw a decrease in dwell time year-on-year.
Weekday Visitation Shares
Weekday visitation shares, which indicate the proportion of visits occurring during working weekdays, have also fluctuated. The North East region showed a slight increase in weekday visitation, while London and the South East reported minor declines.
Market Outlook
Based on the direction of the latest footfall data and trends observed this time last year, it is anticipated that the coming four weeks will see continued growth in footfall in London’s retail centres. However, regions like the East Midlands may continue to face challenges unless there is a significant shift in consumer confidence or economic conditions.
These insights are crucial for retailers and commercial real-estate companies to understand regional market dynamics and consumer behaviour, aiding in strategic planning and operational adjustments.
Huq’s location intelligence analytics are instrumental in providing these insights, making it a key player among location intelligence companies. Their comprehensive footfall statistics and location intelligence data are essential for anyone involved in the retail sector, offering a detailed view of consumer patterns and market dynamics.
Partner with Huq
Track consumer footfall and spend dynamics across your store network using Huq data and compare to your own sales data. Gain insights into crucial questions such as ‘are we out-performing the market’, ‘where our similar locations for new store growth’, and ‘how healthy is this retail centre’.
If you are interested in basing your location insights to actual consumer behaviour then please connect with our team.
