Insights
Based on Beauclair Data across 62 City Centres nationwide. 2. Average Transaction Value growth is behind that of Customers & Retail Spend. 3. Pre-Holiday Fashion & Health & Beauty spend key driver of August spend. 4. Year-to-date 2023 continues to outpace 2022. 5. General Retail continues it’s recovery and momentum
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Beauclair Data have ranked 62 Nationwide Cites based on key performance indicators for growth; Retail spend, Customer numbers and Transaction volumes. We have looked at trends YTD 2023 vs YTD 2022 and YTD 2023 vs YTD 2019. There is clear evidence of stronger Northern Growth with 8 of the Top 10 Scoring Cities being North […]
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What a difference a year (or a month) makes July 2022 saw the UK reach record high temperatures (40.3 Celsius on 19th July 2022 in Lincolnshire – MetOffice.gov.uk), whereas July 2023 was one of the wettest (6th wettest July on record; wettest since 2009 – MetOffice.gov.uk). June 2023 was also the warmest June on record […]
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Based on Beauclair Data across 62 City Centres nationwide. *Source ONS Consumer price inflation, UK – Office for National Statistics : “The easing in the annual inflation rates in June 2023 principally reflected price changes in the transport division, particularly for motor fuels. There were also notable downward effects from food and non-alcoholic beverages, furniture […]
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Here are some of the Key Trends in City Centre Retail Spending we prepared for our panel appearance at the recent Association of Town and Country Managers (ATCM) 2023 Summer Conference e.g. Post Covid City Centres are becoming more local and less affluent. Read on to find out more.. City Centres are losing share of […]
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May 2023 Retail Spend Data Headlines across 62 UK City Centres Overview City centre retail sales in the first five months of 2023 (Year-To-Date or YTD) were up +8% on 2022. This time last year, however, sales were still significantly below 2019 levels, meaning that three years after lockdowns started, city centre retail sales are […]
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Footfall has traditionally been seen as a measure of the health of the high street. On this basis, it looks like town and city centres across the UK are in trouble, with poor footfall levels compared to the pre-pandemic situation. Beauclair’s data, however, shows that there has actually been a recovery in offline retail spending […]
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Despite the cost-of-living crisis, overall retail sales increased in January 2023 compared to December 2022. The Office of National Statistics reported that sales were up 0.5% compared to December 2022, suggesting that shoppers held out for bargains in the January sales. There was also a 0.5% decrease in sales volumes for food shops, which can […]
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This Christmas, the Office of National Statistics (ONS) recorded a 3.8% increase in the amount spent on general retail, including online sales, compared with the previous year. In particular, some high-street retailers experienced surprise growth in sales, including Marks & Spencer’s, JD Sports, and Next. Online retail did not experience similar levels of success with a […]
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