Total like-for-like manner product sales fell 5.seven% in November, when compared with 2019, when in-retailer manner product sales plummeted sixty two.6%.
November’s outcome marks the ninth straight thirty day period of adverse like-for-likes for manner, the most current BDO High Road Product sales Tracker uncovered.
For the week to 29 November, in-retailer manner like-for-like product sales nosedived seventy eight.9%, when compared with a rise of 24.9% the former 12 months. It was the worst outcome for in-retailer manner like-for-likes considering that the last nationwide lockdown.
Manner full LFLs dropped 5.8% for the last full week in November, when compared with an enhance of 23.2% for the identical week last 12 months. Total manner LFLs have now been adverse for seven consecutive weeks.
Nonetheless, general like-for-like product sales for November grew 3.3%, when compared to 2019, as the diffusion of Black Friday into before weeks contributed to the most effective November in a few many years.
Total like-for-like retailer product sales fell 53.one%, as non-crucial retail was shut in the course of England’s nationwide lockdown, from 5 November until 2 December. Non-retailer product sales rocketed 106.3%, as people shopped for the Xmas period on the net.
Extensive November promotions induced full LFL progress in all but the last week of the thirty day period, even with Black Friday Product sales. In the last week of November, which included Black Friday, full LFLs fell by 3.8%, from a sturdy foundation of an uplift of 22.6% for the Black Friday week in 2019. Black Friday was reasonably weak this 12 months, explained the report, as it distribute into encompassing weeks.
Retail parks ongoing to expertise much better footfall than other locations, starting the thirty day period down 11.8% and hitting a lower of a 32.9% decrease 12 months on 12 months in week a few.
Footfall on the large avenue fell substantially from the middle of November, declining by far more than 60% in each of the last a few weeks of the thirty day period. Procuring centres recorded the largest decrease for any site, dropping sixty seven.4% in the last week of November, when compared to 2019 figures.
For the week to 29 November, full like-for-like product sales dipped 3.8%, from an enhance of 22.6% for the equivalent week last 12 months. This is the first adverse full like-for-like product sales outcome just after seven consecutive optimistic weeks.
Weaker Black Friday product sales could not alleviate the retail pressure ensuing from the English nationwide lockdown, and in-retailer LFLs attained their lowest degree considering that mid-June as a outcome, plummeting 70%. Nonetheless, full non-retailer LFL product sales jumped 70%.
Total footfall was down 57.2% for the last week full week in November. For the 3rd week in a row, purchasing centres knowledgeable the sharpest decrease in footfall, dropping sixty seven.4%.
The large avenue noticed footfall lower by 64.one% when footfall in retail parks sank 31.5% from the equivalent week last 12 months.