Bill Sluben’s Post

In a promising sign for the retail sector, footfall across the UK surged by 6.6% last week compared to the previous week, according to retail experts MRI Software. The lead-up to Mother's Day and the anticipation of the Easter trading period provided a significant boost to foot traffic across all retail destinations. High streets led the charge with a notable increase of 7.9%, while shopping centres and retail parks also experienced rises in footfall by 6.2% and 4.4%, respectively. MRI Software marketing and insights director Jenni Matthews stated: "The week leading up to Mother’s Day, and two weeks out from the peak trading week for Easter, saw a significant rebound in footfall […]. However, it’s important to note that some of the year on year rise in activity will be in response to a decline in activity experienced in the same week last year when adverse weather hit the UK impacting footfall in all retail destinations." #retail #footfall #mothersday #easter #business #data

Greggs 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝘀𝗽𝗲𝗻𝗱 £𝟮𝟯.𝟰𝟲 𝗼𝘂𝘁 𝗼𝗳 𝗲𝘃𝗲𝗿𝘆 £𝟭𝟬𝟬 𝘁𝗵𝗲𝘆 𝘀𝗽𝗲𝗻𝗱 𝗶𝗻 𝗨𝗞 𝗖𝗼𝗳𝗳𝗲𝗲 & 𝗦𝗮𝗻𝗱𝘄𝗶𝗰𝗵 𝘀𝗵𝗼𝗽𝘀 𝘄𝗶𝘁𝗵 𝗚𝗿𝗲𝗴𝗴𝘀, making them some of the most brand loyal customers in the country. 🥪☕️ These "𝗦𝗵𝗮𝗿𝗲 𝗼𝗳 𝗪𝗮𝗹𝗹𝗲𝘁" numbers from Hospitality Data Insights (HDI) are based on the card spending of 1.63 million Greggs customers over the 12 weeks ending 20/2/24. The figures exceed £30 out of every £100 when looking at Greggs customers from the least affluent groups and those aged 18-24, whilst the Midlands narrowly beats the North when it comes to having the highest overall spend with Greggs. 💳📊 It will be fascinating to see how these numbers evolve in the months and years ahead, with their latest financial results issued today stating that they're 𝗮𝗵𝗲𝗮𝗱 𝗼𝗳 𝘁𝗵𝗲𝗶𝗿 𝗽𝗹𝗮𝗻 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱 𝗶𝗻 𝟮𝟬𝟮𝟭 𝘁𝗼 𝗱𝗼𝘂𝗯𝗹𝗲 𝘁𝗵𝗲𝗶𝗿 𝘀𝗮𝗹𝗲𝘀 𝗯𝘆 𝟮𝟬𝟮𝟲. 🚀💷 What are your thoughts? How far can Greggs go when it comes to the "Share of Wallet" that they're attracting from their customers? 🤔 #Greggs #HospitalityData #ShareOfWallet #RetailTrends #ukhospitality

Some retailers have seen nearly double the foot traffic in 2024, while fitness chains have experienced a decline. In Colliers' latest article, we contributed data using our FootFall tool to measure traffic volume across different categories: https://lnkd.in/gv7tjTdk By combining foot traffic with other data, we are able to look at consumer behaviours and demographics, to demonstrate where growth is happening in Canadian retail. #Retail #RealEstate #FootTraffic

Retail Footfall Trends: Week 45, 2024 - A Regional Snapshot This week, Northern Ireland's footfall performance outshines the rest of the UK. Take a look at The Benchmark to see what the shift in footfall could mean for your stores. Swipe through for key takeaways this week ➡️ 💡Subscribe for weekly updates and stay tuned for next week's roundup: https://benchmark.huq.io/ #RetailTrends #ConsumerInsights #FootfallData #MarketStrategy #RetailInsights #LocationInsights #TheBenchmark #HuqIndustries #RealEstate #UKRetail

#MarketUpdate: US Total Retail Sales are currently in Phase C, Slowing Growth. Some components of Retail Sales may undergo or already have undergone hard landings this cycle, while others are poised for soft landings. Are you researching and tracking the likely trajectory of your markets? Sign up for a free trial of the Trends Report™ to bolster your business strategy! https://hubs.la/Q02HC4Zs0

Sharing an article with you today from CoStar News! 1) All the news you hear is about big retail closing stores 2) But retail has been one of the hottest asset classes of 2023 and 2024 3) While retail demand in slowing, it is still growing 4) With the pause in retail development in most markets during the pandemic, there is a lack of supply which has driven up rates 5) The demand and supply should be in balance by the end of 2025 What are your thoughts? Comment below if you enjoy nerding out with us

Marigold is proud to sponsor the latest Retail Week report, The Christmas Forecast 2024. This exclusive report provides critical data on how shoppers will spend during the Golden Quarter, the pivotal period that can make or break retail businesses in the UK. 🔍 With insights from market intelligence provider Retail Economics, this report offers detailed forecasts on category performance, helping you craft the perfect strategy for this crucial time of the year. As experts in the UK retail industry, Marigold is committed to empowering businesses with the knowledge and tools they need to thrive. 📥 Don't miss out! Download the full report here: bit.ly/3zGlV9X #RetailIndustry #UKRetail #ChristmasForecast #GoldenQuarter #RetailTrends #MarketInsights #Marigold #RetailWeek #IndustryExpert #BusinessGrowth

Exciting news for UK retailers! 🎉 The lead up to Mother’s Day and early Easter trading has seen a significant boost in footfall across all retail destinations, with high streets leading the way! 🛍️💐 Check out the latest insights from MRI Software. #RetailTrends #UKRetail #FootfallBoost #EasterTrading #MothersDay

It's always key to understand where you are in the business cycle. Most will only look at Lagging indicators that may be helpful data, but tend to only tell us where we were. Which business cycle Phase are you currently in? The FocusCFO® team work closely with our friends at ITR Economics to understand how to help businesses know their current Phase of business. #marketupdate; #outsourcedcfo

What were the top performing states for retail for traffic last month? How is your state holding up - or should we say - what's the state of things? 🔎 🌎 1️⃣ Arkansas +4.45% 2️⃣ Nebraska +4.05% 3️⃣ Wyoming +3.17% 4️⃣ New Hampshire +3.12% 5️⃣ South Carolina +2.86% What state has seen the biggest drop in traffic? Hawaii at -4.12% 😲 To see more check out our latest Retail Pulse report: https://lnkd.in/eqhB5j57 #USA #Retail #RetailInsights #ShoppingMalls #Retailers