RETAIL EYE - TRENDS IN RETAIL AND POS

Every month we capture what is happening in retail – understanding key themes and trends for POS.  This snapshot guide helps to bring the high street to your desk monthly.

FOOTFALL

As our report is early this month it is too soon to know the footfall figures for December. During the week 26 November – 2 December 2023, footfall across all UK destinations dropped by -3.8% compared to the same week in 2022.* Many retailers will also have been affected by bad weather and rail strikes at the beginning of the month. It will be interesting to see if retailers experience a last-minute surge as we draw closer to the big day.

CHRISTMAS

This additional edition of Retail Eye provides a round-up of Christmas activity across the high street. According to Statista the forecast for 2023 suggests that retail sales during the Christmas period could amount to £84.9 billion growing by 3.3% from 2022.

For a full copy of the report contact info@teamfero.com.  

*MRI Software

Joy Powell