Bank holiday boost to footfall gives retailers hope after Boxing Day sales slump


Bank holiday boost to footfall gives retailers hope after Boxing Day sales slump

Shopper traffic over the Christmas bank holiday remained almost a third down on pre-pandemic levels, falling to -27.8 per cent compared to 2019 across all retail settings on Monday 27 December, the latest data from Sensormatic Solutions showed. However, footfall saw a marked uptick yesterday (Tuesday 28 December), the second day of the Christmas bank holiday, recovering to -5.6 per cent year-on-2-year (Yo2Y), as shoppers put Omicron fears aside and headed out to bag a bargain, as retailers who had closed their stores on Boxing Day to give staff an extra day off re-opened.

Data from Sensormatic Solution’s footfall index, which captures 4 billion shopper visits globally, showed that retail parks performed the most strongly. Having seen a -33.5 per cent dip in shopper counts compared to pre-pandemic levels on Boxing Day itself, retail parks reported a +2.4 per cent increase in footfall yesterday (Tuesday 28 December) compared to 2019. However, High Street shopper traffic remained a quarter (-24 per cent) down, whilst shopping centres saw a third (-33 per cent) less visitors Yo2Y.

Footfall Yo2Y (compared to pre-pandemic levels) Boxing Day: Sun 28 December Bank holiday: Mon 27 December Bank holiday: Tues 28 December
High Street -65.9% -40% -24%
Retail Parks -33.5% -20% +2.4%
Shopping Centres -58.2% -48% -33%

Shopper numbers in London where the most subdued of the UK’s principal cities, down -22.7 per cent compared to pre-pandemic levels. Despite tighter covid-19 restrictions coming into force in Scotland and Wales after Boxing Day, footfall in Glasgow was +2 per cent up compared to 2019, while Cardiff was just -1 per cent down Yo2Y, indicating consumer confidence in bricks-and-mortar shopping remains buoyed.

Andy Sumpter, EMEA Retail Consultant at Sensormatic Solutions, commented: “While the Boxing Day figures made for grim reading, there are some positive signs that shopper demand is righting itself, with footfall recovering to -5.6 per cent compared to pre-pandemic levels yesterday, in spite of the concerns about Omicron and rising covid-19 infection numbers.”

“With many retailers having shut stores on Boxing Day itself, to give staff a well-deserved extra day off, consumers voted with their feet once stores re-opened, giving retailers cause for cautious optimism that improved trading over the extended Christmas holiday will continue,” he added.

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