Published on September 1st, 2021 | by The GC Team0
High streets enjoy bank holiday weekend
Positive news for retail as UK footfall rose by 8.2% over the bank holiday weekend, 14.2% higher than in 2020 as the increase from the previous week in high street shoppers was three times as great as the average over the preceding six days from Sunday to Friday.
According to retail intelligence firm Springboard, high streets fared better in general during the whole of last week (WK 34), recording a week-on-week uplift of 6.9% in the seven-day period, while footfall in shopping centres rose 4.8% and retail parks saw a slight rise of just 0.8%.
The year-on-year high street index recorded a 23.4% increase, although a fall of 19.6% was charted against the same week in pre-pandemic 2019.
“The bank holiday weekend was particularly positive for towns that appeal to both day and overnight visitors such as coastal and historic towns, demonstrating the significance of staycations this year,” said Springboard Marketing and Insights Director Diane Wehrle.
“Bank Holiday Monday was clearly a transfer day for many and an opportunity to restock on food and household essentials, as footfall declined from the previous Monday in both high streets and shopping centres whilst it rose in retail parks, undoubtedly driven by the presence of food stores.
“The positive news for bricks and mortar retail destinations is that footfall last week was noticeably higher than in the same week in 2020 when the bank holiday also occurred, particularly in high streets, and the gap from 2019 was the smallest of any week since the start of the pandemic in March 2020.”