Recent footfall data from Huq Industries highlights a mixed landscape for retail centres across the UK as of the week ending October 19, 2024. This footfall report reveals significant regional variations in footfall, dwell time, and visitation patterns, providing key insights for location intelligence analytics.
Shopping Centres Daily Footfall
In Wales, there has been a noticeable decline in average daily footfall compared to the previous year, alongside a decrease in average visit dwell time. Scotland, however, has seen a slight increase in footfall year on year, with a notable rise in working weekday visitation share, suggesting a shift in consumer behaviour. The North East region stands out with a substantial increase in footfall year on year, contrasting with the South West, which experienced declines in both footfall and dwell time.
The East of England and London both showed positive trends in footfall and dwell time, indicating a recovery or growth in these areas. Notably, the East Midlands saw a significant increase in footfall week on week, making it one of the top performers in recent times. These trends are crucial for location intelligence companies looking to understand and adapt to the evolving market dynamics.
Market Outlook
Based on the direction of the latest footfall data and historical trends from the same period last year, the coming four weeks could see continued growth in regions like the East Midlands and London. However, areas like Wales and the South West may face challenges unless there is a change in consumer behaviour or external economic factors. This market outlook is essential for retailers and commercial real-estate companies planning their strategies in the evolving retail landscape.
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