UK high streets quiet again, Brit shoppers become nighthawks

How did UK retail footfall fare in February? Hard to tell! The latest figures appear to show a clear cut trend but scratch the surface and you can see all sorts of movements developing with UK consumers turning into after-dark shoppers. So, let’s go for face value first: The British Retail Consortium (BRC) and Springboard said…

January footfall: Cheers all round for UK high streets?

OK, first question: Did UK shoppers hit the stores in January? Yes! That was the resounding answer from the latest footfall stats released today by the British Retail Consortium and Springboard. In fact, footfall rose 1.2% year-on-year. It may be a small number in universal terms but in terms of store footfall it was big……

US shoppers: Keep on spending in 2016 says NRF

The world may be getting economic jitters generally but US consumers are going to keep on spending. That’s the option of The National Retail Federation, which released its 2016 economic forecast late yesterday. But the good news comes with a sting as the increase won’t necessarily be about individuals spending more. Instead, falling unemployment means…

Gap, Banana Republic, Old Navy: Must do better

It’s a funny thing about Gap Inc but it’s one company that has always shown itself able to make a profit, however tough it finds sales growth. I’ve been following this company’s results for 17 years now and the sales picture has been bad for most of that time. But in reporting its January and…