High street footfall fell in the summer

High street footfall fell over the summer as unusually hot weather discouraged consumers from shopping. British Retail Consortium figures show shopper numbers declined 3.1% year-on-year in August, following a 3.8% fall in July. The weakness adds to pressures on retailers already facing higher taxes, rising operating costs and subdued consumer demand.

Total footfall decreased by 1.7% in August (year on year), up from -2.1% in July. Retail Park footfall increased by 1.0% in August (YoY), down slightly from 1.2% in July. Whilst shopping Centre footfall decreased by 0.5% in August (YoY), up from -1.4% in July.

Helen Dickinson, Chief Executive of the British Retail Consortium, said “Footfall improved on the previous month, though still down on last year. The cooler temperatures played a key role, bringing shoppers back after a scorching July to stock up on essentials and back-to-school items. Retail parks were the standout performers but the overall picture shows high streets face an uphill battle.

“Retailers don’t need warm words, they need lower costs. With his first Budget weeks away, Chancellor Healey has a chance to throw Britain’s high streets a lifeline. Retail faces cost pressures and households are watching every penny. Government action on business rates and energy costs would help keep prices down, support investment, and sustain the jobs and communities that retail underpins across the country.”