Trade Resources Industry Views Retail Footfall Will Rise 4.7 Percent This Easter

Retail Footfall Will Rise 4.7 Percent This Easter

Falling after a national payday, experts predict consumers to be out in force this Good Friday and Easter Monday.

As Easter weekend approaches, footfall at shopping centres, retail parks and high streets is forecast to jump 4.7 per cent as shoppers spend payday cash.

Falling two week earlier than it did in 2014 and immediately after a national payday, retail intelligence experts, Springboard believe shoppers will be encouraged by an injection of disposable income this national holiday.

Retail Week reports that lower levels of inflation and a drop in fuel prices have also left the average household £20 to £30 better off per month.

Springboard also predicts that footfall on streets across the UK will jump six per cent year on year over the three key shopping days.

The body believes that Good Friday will be the strongest day for footfall growth, with a 5.7 per cent increase.

Saturday will then see footfall jump around 3.9 per cent followed with a growth of 4.6 per cent forecast on Easter Monday.

“The earlier dates for the long weekend traditionally link to positive effects for retailers and with consumers confidence high, we expect shoppers to respond with their feet, buoyed by the benefit of a recent pay day,” said Springboard insights director, Diane Wehrle.

Source: http://www.toynews-online.biz/news/read/retail-footfall-expected-to-surge-4-7-per-cent-this-easter/044212
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Retail Footfall Expected to Surge 4.7 Per Cent This Easter
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