Footfall was up at UK shopping centres and retail parks in July,
according to research from the British Council of Shopping Centres (BCSC).
Footfall rose by 4.1 per cent with both in and out-of-town
shopping centres seeing increases compared to June, of 3.4 and 2.3 per cent
respectively.
Centres in Yorkshire and Humber reported the greatest increase of
9.3 per cent, followed by the South West with a 5 per cent increase and the
North West with a 3.8 per cent rise.
The data was compiled by BCSC and FootFall,
“Our latest data is evidence that consumer confidence bounced back
in the period following the Brexit result, with footfall rising across retail
parks, town centres and out of town shopping centres,” said BCSC chief
executive Edward Cooke.
“This reinforces our position that the retail property sector
remains a strong asset class, with investors committed to continuing to enhance
the retail experience to drive footfall – and with 90% of goods or services
sold continuing to involve a physical shop in some way, even if the way
customers use that store is changing.”
Retail spending in July was 1.9 per cent higher than a year
earlier – the biggest rise in six months and up sharply from 0.2 per cent
growth in June – according to the British Retail Consortium (BRC).
The BRC attributed the rise to sales promotions and good weather.