First rise in high street footfall in two years
High streets generated their first rise in footfall in more than two years last month. High street shopper numbers rose 0.2% year on year in January, marking the first increase since July 2013, a significant turnaround from Christmas, when footfall dropped 4%.
Figures from the British Retail Consortium and Springboard showed the average footfall across all types of location rose 1.2%, significantly above the 2.2% drop in December.
Retail parks were the stand-out performer as numbers reached 5.2%, up from a three-month average of 3%. Shopping centre traffic was flat, up from the 1.6% drop the previous month.
Town centre cacancies fell to 8.7%, the lowest rate since July 2011, when BRC and Springboard started recording data.
Article Source: Retail Week.