Monday, November 29, 2021

Intu shopping centres defy footfall trend of high streets

Intu CEO

Shopping centres owned by Intu have recorded a year-on-year increase in footfall for the Christmas trading season, bucking downturn trend that affected the high streets.

In the six weeks to January 2 – which takes Black Friday and Cyber Monday sales weekends into account – footfall at Intu‘s shopping centres went up by 1.1 per cent.

In addition, in the week immediately after Christmas footfall was up by 3.1 per cent.

The figures are a contrast to data released by footfall monitor firms Springboard and Ipsos last week which indicated the high street struggled with footfall during the festive season.

READ MORE: Intu relinquishes majority ownership of Intu Bromley for £177m

Intu chief executive David Fischel said the new figures proved that customers were attracted to “prime regional centres”.

“Customers are looking for retail destinations that offer the full package – the best brands, great places to eat and socialise and their perfect experience both at Christmas and all year round,” he said.

“With our focus on understanding and then delivering what customers want from their shopping experience, we put on a real festive treat for our customers, who combined their shopping with visits to Santa grottos, virtual reality experiences and enjoying the festive season with friends and family.” 

Click here to sign up to Retail Gazette’s free daily email newsletter



Please enter your comment!
Please enter your name here