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High street lifted by rise in footfall Monday, 8th October 2012
Photo credit: My Retail Media
New data suggests footfall is on the rise after years of decline. Research from Springboard found footfall fell just 0.4 per cent in the year to September, managing to improve on last year’s 1.2 per cent fall.
Long term, it’s hoped the flat figures will put the high street back on track after a double dip recession saw footfall drop 5.3 per cent in 2009 and 10.6 per cent in 2008.
What’s more the UK’s major cities managed to outperform the flat figure reporting a 2.2 per cent increase in footfall, while Birmingham saw an impressive 18.6 per cent rise.
According to Springboard analyst Diane Wehrle, the feel-good factor of the Olympics and Queen’s Diamond Jubilee gave “a very positive effect on this year’s September footfall results as the national good feeling boosted consumer confidence”.