MRI Software news and archive

UK: December footfall rises sharply as challenging new year looms

Footfall across the UK rose in December despite figures painting a picture of shifting consumer behaviour in the wake of a challenging financial year. According to MRI Software, for the five week period ending 28 December 2024, footfall was up 7.1 percent compared to the month prior, and came marginally ahead of 2023 levels at an 0.4 percent...

Retail

UK: Boxing Day footfall takes hit as retailers stay closed

Footfall on the usually bustling Boxing Day took a slight hit this year, reflecting what data specialist MRI Software said could be a “shift in consumer behaviour”. According to the platform’s figures, retail footfall was down 4.9 percent across all UK retail destinations throughout the day. This was compared to Boxing Day in 2023, when footfall...

Retail

Footfall rises ahead of Christmas yet remains lower than 2023 levels

Footfall across all UK retail destinations rose for the second consecutive week last week ahead of the forthcoming Christmas, however, figures remained lower than those of the same period last year. For the week to December 22, MRI Software reported an overall 4.6 percent increase in footfall compared to the week prior, with retail parks coming...

Retail

Weekly footfall fluctuates between Black Friday and Storm Darragh

Footfall across UK retail destinations presented a story in two halves for the week to December 8, 2024, as a late Black Friday helped boost figures before Storm Darragh ravaged the nation. All retail destinations experienced strong week-on-week rises from Sunday to Wednesday, however this starkly contrasted figures from Thursday onwards, when...

Retail

November footfall up despite Storm Bert impact

Footfall for the four week period from October 27 to November 23 was up across the UK, despite fluctuations throughout the month due to Storm Bert and a shift in half term holidays. Summary • UK retail footfall increased 2.1 percent from October to November, despite Storm Bert's impact. • Shopping centres and retail parks saw significant...

Retail

October footfall marginally drops due to inclement weather

Retail footfall across the UK took a slight dip over the month of October as inclement weather conditions and a shift in school half term holidays kept shoppers at home. According to MRI Software, from September 29 to October 26, footfall fell -0.6 percent across all retail destinations compared to the month prior. The same decline was also...

Retail

Footfall marginally rises in August driven by shopping centre traffic

New data from MRI Software has suggested that retail footfall in the UK remained resilient throughout August in the face of nationwide riots and the summer holiday period. The platform reported that footfall rose marginally among all retail destinations by 0.9 percent over the four weeks from July 28 to August 24, with shopping centres leading...

Retail

Taylor Swift bumps up week-on-week London footfall

US pop giant Taylor Swift returned to London for the city’s second leg of her record-breaking Eras Tour last week. And with it came a much needed footfall boost to offset the anticipated disorder that had seized the UK earlier this month. From Sunday to Saturday (August 11 to 17), MRI Software recorded a 1 percent increase in footfall in all UK...

Retail

Sports helped boost UK footfall in July, but riots dampen high street expectations

Footfall in the UK fell over the past month, despite initially showing promise in light of the slew of sporting events that took place over the period. For the five weeks from June 30 to July 27, 2024, month-on-month, July footfall had been considered “steady” by MRI Software, appearing to rise marginally across the UK in all retail...

Business

MRI Software acquires footfall provider Springboard

Real estate software solutions MRI Software has acquired UK-based Springboard, the leading provider of footfall counting and artificial intelligence (AI)-powered analytics for retailers, landlords, and government bodies. Founded in 2002, Springboard holds the industry’s largest and most comprehensive data set on footfall and serves more than 450...