Newspaper article The Journal (Newcastle, England)

High Street Retailers Hit as Footfall Down

Newspaper article The Journal (Newcastle, England)

High Street Retailers Hit as Footfall Down

Article excerpt

RETAILERS suffered a fourth month in a row of declining footfall in July, with high streets the hardest hit, according to new figures. The numbers of shoppers who went to stores across the country last month was 0.6% lower than a year ago, according to the British Retail Consortium (BRC).

This figure is an improvement on the 0.7% decline in June but means that retail footfall has not increased since March, when it rose year-on-year by 1.8%.

The high street was hit by the biggest fall in July, dropping 1.7%, while shopping centres fell 0.5%.

Out-of-town stores fared better, rising by 1.7% as they were buoyed by the popularity of furniture, home accessories and garden items.

The survey also showed that store town centre vacancies fell to a record 10.1%, the lowest level since the BRC first began collecting this data in July 2011.

The new quarterly low for vacancy rates is a fall from April's 10.6% figure.

BRC director general Helen Dickinson said: "The reduction in the shop vacancy rate for the third successive quarter is heartening, with the vacancy rate at its lowest level since our records began in July 2011. …

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