Attendance rebounded in August regardless of the cost-of-living disaster

The transfer picked up within the UK retail locations in August 2022 to -13.2% beneath 2019 in comparison with -14.2% in July 2022, after weakening from -12.3% in June 2022, in keeping with Springboard Step Monitor.

The “surprising turnaround” masking the 4 weeks from July 31 to August 27 boosted excessive road footfall to -15.1% and to -17.5% in procuring centres, however worsened in retail parks to -4.5% in in comparison with the identical interval in 2019.

UK customer numbers in August 2022 have been -13.2% beneath 2019, however by +8.6% in comparison with August 2021, which in keeping with Springboard is “higher than anticipated” given the latest rise in inflation and the approaching affect on households of rising power prices.

In accordance with the information, the continued warmth in August inspired stays, fueling exercise in procuring locations and lots of shoppers taking the long-awaited and delayed summer time trip in August.

Nonetheless, the rise in report temperatures in the midst of the month had solely a “localized and short-lived” affect on strolling; the weekly change in road attendance at mid-month averaged -3.8% in comparison with a mean improve of +2.6% within the first and final weeks.

Springboard added that it expects its “conventional” drop in attendance from August to September as colleges transfer again, which has occurred yearly since Springboard started publishing its attendance figures in 2009, and expects it to be a minimum of equal to and even larger than the -3.3% recorded in September 2019.

Springboard Steps Monitor and Insights UK, August 2022 Stepping stays buoyant in August however will likely be “short-lived pending austerity as a result of looming power disaster, which is ready to hit UK households by October”.

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Footfall recovers in August regardless of value of residing disaster