UK Retail: footfall down over by 40% in 2020
According to the British Retail Consortium a hard year ends a with footfall decline of 43%. Year on year UK Footfall decreased by 46.1% in December. The restrictions to contain the spread of COVID-19 are largely on the origin of such numbers
“After an encouraging start to the month Christmas shopper numbers dwindled as December progressed, due in large part to the creation of Tier 4 in England and increased restrictions elsewhere in the UK. High streets and shopping centres continued to see the most substantial decline in shoppers, as their "non-essential" tenants were forced to close their doors during the weeks leading up to and following Christmas. London, the South East and Wales were hardest hit, with footfall* dropping by over four fifths in the final week. However, it has been a hard year for the entire country, with footfall down by 43% in 2020 compared to the previous year", stated Helen Dickinson OBE, Chief-Executive of British Retail Consortium.
Covering the five weeks running from the 29th of November 2020 to the 2nd of January 2021 and according to British Retail Consortium-ShopperTrak data:
- Total year on year footfall for 2020 fell by 43.4%;
- Year on year UK Footfall decreased by 46.1% in December, a 19.3 percentage point improvement from November when England was under lockdown;
- Footfall on High Streets declined by 49.5% year on year. This was the worst performing location type for the fifth consecutive month;
- Retail Parks saw footfall decrease by 17.3% year on year, slightly better than the 3-month average decline of 17.8% and worse than the 12-month average decline of 23.8%;
- Shopping Centre footfall declined by 47.3% year on year. This was just over a twenty-four-percentage point decline compared to October and was just below the 12-month average decline of 47.4%;
- Northern Ireland saw the shallowest footfall decline of all regions at -47.2%, followed by Scotland at -50.2%. Wales saw a decline of -52.3%.
“Now that all parts of the UK are effectively in lockdown and with social distancing measures expected to continue well into the New Year, "non-essential" stores will be unable to trade their way back to recovery. A third lockdown will be one too many for some businesses. Rent bills continue to weigh heavily and the threat of a return to full business rates liability in April still looms. The Government must urgently reassure those businesses hardest hit by the pandemic that they will receive vital financial support in the form of an extension to the coronavirus business rates relief.”
Image credits: Tim Mossholder on Unsplash
* the number of people entering a shop or shopping area in a given time