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

According to Springboard the number of visits to UK retail destinations in August was 13.2% below 2019 levels compared to 14.2% down in July. Compared to the same period last year, footfall in August was up by 8.6% and high streets reported a bigger increase of 13.9%*.

BACK TO SCHOOL

According to Mintel, Brits spend £1.2 billion on back to school and M&S reports it is the third biggest shopping event of the year – eclipsed only by Christmas and Easter. With the large amount of spend on this season, alongside the traditional focus from the grocers and stationery brands and retailers, we have also seen a range of retailers highlight the occasion.

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

*Springboard