In the latest footfall report for Week 30, 2024, UK retail centres have experienced a 3% increase in footfall compared to the previous week, highlighting a positive trend in retail traffic. Northern Ireland led the regional increases with a notable 5% rise in footfall. However, the average dwell time across the UK saw a decrease of 2%, with Scotland experiencing the largest drop at 4%. This footfall data is crucial for understanding consumer behaviour and planning for future retail strategies.
Key Performance Indicators: A Snapshot of the Latest Trends
The footfall statistics from the past week reveal that the South East of England continues to outperform other regions with a 4% increase in footfall, while Wales has shown a 3% decline. Noteworthy gains were observed at the Trafford Centre in Manchester and Bluewater in Kent, contrasting with a decrease at St. David’s in Cardiff. These statistics are essential for retailers and location intelligence companies to gauge market dynamics and adjust their strategies accordingly.
Regional Dynamics: Winners and Losers in Retail Footfall
This section of the footfall report highlights the varying performance across different regions. The increase in footfall during weekend periods, particularly on Saturdays, was significant, with a 6% rise compared to weekdays. The decrease in dwell time, more pronounced during late evening shopping hours, suggests a shift in consumer shopping patterns, which is critical data for location intelligence analytics.
Metrics Matter: Diving Deep into Footfall, Dwell Time, and Weekpart Visitation
The detailed footfall statistics and analysis provided by Huq Industries, a leader among location intelligence companies, offer a comprehensive view of the current retail landscape. This footfall data is instrumental for businesses in making informed decisions and predicting future trends.
Looking Ahead: Predicting the Next Month’s Trends
Based on year-on-year footfall data, a steady increase in footfall is anticipated over the next four weeks, likely influenced by upcoming school holidays and seasonal shopping events like Black Friday. Historical footfall statistics suggest a 5% increase during similar periods in previous years, providing valuable insights for future planning.
About Huq Industries and Our Data
Huq Industries specialises in providing location intelligence for retailers and commercial real-estate companies. This analysis is based on location intelligence data from over 2,700 retail centres across the UK, offering a comprehensive overview of current trends and future predictions. The use of advanced footfall calculators and analytics tools enables Huq Industries to deliver precise and actionable insights, making it a trusted partner for businesses seeking to leverage location intelligence in retail.
