Visitors fell in October by -2.0%, a deeper decline on the previous month's -1.7%. Also, an identical rate to the one seen in October 2017. The national town centre vacancy rate was 9.6% in October, a further increase on the previous quarter rate of 9.2 per cent.
"If further evidence of the veracity of visitors as an indicator of retail trading performance were required then it is provided by October's result of -2%. Not only does it reflect the ongoing challenges that the retail sector is facing but, as importantly, with..."
Diane Wehrle, Marketing & Insights Director at Springboard
“October showed another month reflecting the continued long-term decline in visitors. This trend is primarily driven by a move from in-store to online purchases. With retail becoming more digital, physical shopping locations are working to reinvent..." Helen Dickinson OBE, British Retail Consortium Chief Executive