High street news and archive

Jubilee boosts UK footfall by 17.7 percent

The Platinum Jubilee of Queen Elizabeth II brought a surge in visitors to cities and towns across the UK, as the nation celebrated the 70th anniversary of her accession. Springboard’s Jubilee weekend footfall figures show footfall was up 17.7 percent over the Bank Holiday weekend compared to the previous week. High streets performed...

7 Jun 2022

Retail

Clearpay’s in-store payment feature now available to SMBs

Clearpay has announced that it has made its in-store payment option available to small and medium sized businesses (SMBs) across the UK in order to support in driving more footfall and sales. The ‘Buy Now, Pay Later’ provider began offering its ‘pay in 4’ service to large merchants back in November 2021, allowing customers to opt for flexible...

27 May 2022

Retail

Easter heatwave expected to boost high street footfall by 17 percent

With a mini ‘heatwave’ expected to blaze across the UK over the Easter holiday, footfall will be buoyed by the good weather and the first Easter without restrictions in two years. For the UK’s high street the holiday weekend looks especially rosy, with a 6 percent rise in footfall expected on Good Friday, 17 percent rise on Easter Saturday and 5...

14 Apr 2022

Retail

SRC demands action to help revitalise Scotland’s high streets

In a bid to save Scotland’s “struggling” high streets, the Scottish Retail Consortium (SRC) is calling on the region’s MSPs to take action on challenges faced by local retailers. Outlined in a submission to the Scottish Parliament’s Economy and Fair Work Committee, the organisation has established five priorities it suggested the government...

17 Mar 2022

Retail

90 percent of former Debenhams stores remain empty

Debenhams’ former high street stores are yet to see new life as they remain empty and unused. A report by the Local Data Company, cited by the Guardian, said 90 percent of Debenhams stores are still vacant, nearly one year after the company ceased trading. At its height Debenhams operated 150 stores, but after its collapse the brand was bought...

17 Mar 2022

BusinessFeatured

Mango's profit soars to highest in a decade

Spanish high street retailer Mango has seen profits soar to the highest level in almost a decade as its turnover neared record 2019 levels. The company reported growth of 21.3 percent to 2.234 billion euros, with online sales accounting for 42 percent of turnover. Profits rose to 67 million euros, trebled from the 21 million euros it saw in...

10 Mar 2022

Retail

Heavy storms keep UK shoppers away from high street

High winds and heavy rain from storms Eunice and Dudley affected footfall across the UK, which fell -3.8 percent compared to the week before. Between Sunday and Thursday footfall rose by an average of 5.5 percent, fuelled by the half-term break, with a huge uplift of 18.1 percent on Monday, said retail experts Springboard. With the arrival of...

21 Feb 2022

BusinessFeatured

Government reveals Levelling Up plans to ‘transform the UK’

The UK government has revealed 12 levelling up missions to bring more focus on “Britain’s forgotten communities” through the ongoing decade. In the plan’s White Paper, lead by Levelling Up secretary Michael Gove, details cover the task to transform the UK by bringing opportunities and prosperity to all areas. It comes with a ‘system change’ of...

3 Feb 2022

Retail

UK retailers disappointed over Government Covid relief package

The Government’s proposal to give struggling leisure and hospitality sectors a one-off grant of 6,000 pounds has left the retail industry cold. The 1 billion pound financial support scheme fails to support the retail industry as businesses continue to struggle in the wake of the Covid-19 pandemic. Experts were critical of the announcement as...

21 Dec 2021

Retail

UK cities and high streets see disappointing pre-Christmas footflow

Where are the all the Christmas shoppers? Presumably online, as the latest data from retail experts Springboard shows footfall over the pre-Christmas weekend plummeted 8.5 percent in Central London and -6.4 percent in cities outside of the capital. meaning that in high streets across the UK footfall declined -2.6 percent over pre-Christmas...

20 Dec 2021

Retail

Clearpay comes to physical stores in UK

Payment solutions firm Clearpay has announced that its in-store function is now available to UK customers at a number of retail stores throughout the country. Also known as Afterpay in the US and New Zealand, the ‘Buy Now, Pay Later’ provider is set to bring its virtual pay option just in time for the holiday season. The function will work...

4 Nov 2021

Retail

October footfall shows optimistic start to holiday season

October’s footfall figures could spell a positive holiday season, as high street, shopping centres and retail parks was down -13.4 percent than in 2019, compared with -17.4 percent in September. Springboard’s monthly footfall figures are hugely encouraging and in line with the company’s forecast for Q4 of 2021. The final week of the month, which...

4 Nov 2021