the Business Forum and
the Economic Partnership
in Brighton & Hove
Homepage    BCRP Intranet    Funding    Events    Knowledgebase    Links    About us     Contact us
Key projects
Crime
reduction
 


Inward
investment
information
 


Licensee
Forum
 

Workforce development 

Transport
 

Business &
climate
change

Property &
Development sites

Business
Improvement
Districts

Housing
 

Strategy
 

Consultation opportunities
 

Brighton & Hove Business Forum
8-11 Pavilion Buildings, Brighton, BN1 1EE
Tel: 01273 735442
Email: info@brighton
business.co.uk

© Brighton & Hove
Business Forum

News - 8 July 2007

Wet weather not so bad for business

It has been the wettest June on record but that didn’t stop us shopping. Also the recent hikes in interest rates seem to be have had little tightening effect on our purse strings. And Brighton has seen particularly good growth year on year.

Figures released this week by Experian show an increase in footfall of 2.9% since last month and although year on year growth is down nationally the gap has closed somewhat for the month of June.

Interestingly, while the rest of the nation has seen footfall figures fall this year compared with last, Brighton has consistently seen a year on year increase.

Perhaps the bad weather and increasing cost of living have caused people to feel low and one sure way to raise spirits is retail therapy. People appear to be less concerned about debt and insolvency and so maybe the economists at the Bank of England need to rethink the traditional theories on how to bring consumer spending down.

Martin Davies, spokesperson for FootFall said, “June saw the Retail FootFall Index (RFI) down 2.6% year-on-year, which was the lowest annual fall to date. While footfall remains lower than 12 months ago, the gap is less than at any time this year and this is encouraging news for retailers and shopping centres. This is further boosted by the fact that the index was up by 2.9% on May, which was the first month-on-month increase since February.

“Traditionally in June, footfall either remains static or falls as in the past, it has been seen as the start of the summer lull for shopper visits to the high street. However, the peculiarities of the British weather have undoubtedly played a part in increasing footfall in June, alongside the onset of the summer sales, as would be consumers have swapped sunbathing for shopping, with the rain driving people indoors to use shopping as a rainy day activity.

“On a weekly basis, the torrential weather experienced throughout the past few weeks had a mixed influence on consumer behaviour. During the main week of flooding national footfall levels fell considerably (– 3.6%) on the same week last year. In addition to wanting to keep out of the wet, the concerns about flooding and reported travel problems have caused shoppers to examine the ‘necessity factor’ of their shopping trips before setting out and facing possible disruption.

“However, the following week showed a week-on-week rise of 4.1%. Continuing bad weather is no longer deterring consumers. They are braving conditions to buy necessities and also items to help prepare them for the upcoming holiday season, possibly carrying out trips deferred from the previous week.

Davies concludes, “Figures for July will determine whether the recent month-on-month rise in shopper visits was a weather-based blip or emerging trend, as the sales get into full swing amidst the likelihood of continuing unpredictable weather”.


Read related items on:
Retail, pubs, clubs and restaurants
Experian


Browse our business Knowledgebase or search by keyword


Headlines

23 May 2018
Gingerman Restaurant Group to Open Restaurant at Hanningtons Estate Brighton
16 May 2018
Can you help us help rough sleepers? Search for a venue to provide shelter 15 May 2018
New Research Reveals Cost of Opening A Business in Brighton: £6,000 11 May 2018
Tech firm SaleCycle to open new office in Brighton, creating 30+ new jobs 4 May 2018
Get involved - National Numeracy Day This 16 May 1 May 2018
BUSINESS IMPROVEMENT DISTRICT INDUSTRY CELEBRATES 300 BIDS 1 May 2018
Barclays' High Growth & Entrepreneurs Awards 2018 launch to celebrate start-up leaders in the UK 30 April 2018
Barclays launches major drive to help SMEs tackle Cymbercrime 24 April 2018
An evening with Chris Fox, Lib Dem Peer 24 April 2018
"A triumph of innovation" 13 April 2018
Brighton city Centre Vacancy Rates continue to buck national trend 12 April 2018
The Ivy in the Lanes Set to open 2 May 2018 11 April 2018
Free Dr Bike Service Returns 20 March 2018
Brighton named most entrepreneurial city AND second best for student happiness according to Fresh Student Living 19 March 2018
A Meeting with Chris Fox, Lib Dem Peer - Why Business Matters 14 March 2018
Better Business for All Event with BEIS 7 March 2018
Brighton celebrates women in tech as Spring Forward festival returns for a fourth year 6 March 2018
Six months of success for BTN BikeShare 2 March 2018
Sustainability in Action masterclasses for Sussex businesses 2 March 2018
Doing Business in China comes to Brighton 1 March 2018
Brighton & Hove Chamber of Commerce presents: Protecting your brand- a guide for fast growth businesses 1 March 2018
Long haul passengers boost local economy and jobs, according to new Gatwick report on the 'Visitor Economy' 28 February 2018
Save time reporting crime 27 February 2018
Warren Morgan Resigns from Brighton & Hove City Council 23 February 2018
Brighton Technology Company, Paxton Ranks in Sunday Times 100 Best Companies to Work For 23 February 2018
Greater Brighton's Commercial Property Database 22 February 2018
SE-ASSIST - Launch of Loan Capital in Greater Brighton 19 February 2018
House Price update Q4 2017 19 February 2018
What would you do in a crisis? 19 February 2018
The investment journey for high growth entrepreneurs 9 February 2018
Make Change Count 2018 - helping rough sleepers in Brighton & Hove 8 February 2018
Brighton Technology Company Paxton Announces Recipients of New Scholarship Programmein Association with the University of Brighton 8 February 2018
Cyber London Accelerator Invites Summer 2018 Entries 8 February 2018
Innovate UK Launches Strand 2 Emerging and Enabling Technologies Sector Competition 8 February 2018
Success In Sussex As Food And Drink Heroes Crowned Winners 8 February 2018
UK Games Fund - Fourth Round Open to Applications 8 February 2018
Innovate UK & Prince's Trust Launch Young Innovators' Programme 6 February 2018
Brighton & Hove Food Partnership launches 'Kit Out The Kitchen' crowdfunding campaign 2 February 2018
Brighton & Hove Council and Crest Nicholson win £15m government funding to kickstart King Alfred project 1 February 2018
Could a Utilise Plus Programme grant help you?