"Total UK footfall increased by 2.4% year-on-year, a marked turnaround from the 4.7% decline recorded in February, as improving weather and seasonal spending helped draw consumers back into stores."
"The rebound was felt across the country, with footfall rising in every nation. Northern Ireland led the way with a 4.9% increase, followed by Scotland (3.2%), England (2.3%), and Wales (1.6%)."
"Industry figures cautioned that while March's rebound is encouraging, it may prove fragile if household budgets come under renewed strain. Rising fuel prices and broader economic uncertainty could yet dampen spending as the year progresses."
In March, UK retail destinations saw a 2.4% year-on-year increase in footfall, reversing February's 4.7% decline. High streets improved by 2.0%, while retail parks and shopping centres rose by 2.5% and 2.6%, respectively. Northern Ireland led with a 4.9% increase, followed by Scotland, England, and Wales. Analysts noted this suggests a tentative recovery in physical shopping, despite ongoing economic pressures. However, rising energy costs and geopolitical tensions may impact future consumer spending, leading to cautious optimism among industry figures.
Read at London Business News | Londonlovesbusiness.com
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