UK retailers suffer at the hands of Portugal
3 July 2006
UNITED KINGDOM — Retail research group Synovate Retail Performance's Retail Traffic Index™ (RTI™) figures for what proved to be England's final game of this World Cup show that Saturday was not only a disappointment on the field in Germany, but also in British shops. Figures released by Synovate Retail Performance today show that the Retail Traffic Index registered a 16.7% drop on shopper traffic on the previous Saturday (24th June).
Dr Tim Denison, Director of Knowledge Management at Synovate Retail Performance commented; "The glorious weather and the start of many retailers' Summer Sales failed to encourage shoppers out of their armchairs or local bars and into the shops yesterday. This won't have come as too big a surprise to retailers who, with the exception of the grocery and off-license trade, have been suffering at the hands of the World Cup, particularly on the last Saturday when England played.
"Few would have hoped for England to fail again at the quarter-finals, but retailers nevertheless will perhaps see that even the gloom of this early exit has a silver lining and hope that they will see a quick bounce back in the number of shoppers."
Note
Figures for the whole of June to be released in the first half of this week. Retailers or analysts wishing to find out more about Synovate Retail Performance's award-winning customer services should contact Dr Denison at Synovate Retail Performance on 01908 682700. Media enquiries should be directed to Theo Chalmers at Verve PR on 01908 275271.
Contact(s) for this press release
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Tim Denison
Synovate Retail Performance |
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34 Walker Avenue |
Tel. +44 (0) 1908 682 700 |
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Theo Chalmers
Managing Director, Verve Public Relations |
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Park House, 8 Grove Ash |
Tel. +44 1908 275 271 |
Synovate Retail Performance provides footfall monitoring solutions, shopper tracking systems and in-store behavioural research to retailers worldwide. Its core products - Shopper Count, Shopper Interact and Shopper Engage - scientifically measure all aspects of a shopper experience from store entry to exit. It supplies national and international retailers with essential business metrics to drive accountability and performance improvement.
Synovate Retail Performance is home to the Retail Traffic Index series, which for over 10 years has been the industry's leading tracker of national, regional and sector retail footfall trends. It is also co-founder of the KPMG / Synovate Retail Think Tank, offering thought leadership on the state of retail health and the future of retailing.
General information for Synovate Retail Performance, email info.rp@synovate.com
Synovate Retail Performance Limited is registered in England and Wales under number 3552625 with its registered address at Minerva House, 5 Montague Close, London, SE1 9AY, UK. Synovate Retail Performance is a wholly owned subsidiary of Synovate.
About The Retail Traffic Index (RTI)
The RTI from Synovate Retail Performance is regarded as the national benchmark of retail shopper traffic flow. It is constructed using a nationally representative sample of over 520 million visits to over 3,100 retail premises per annum across the UK, excluding the grocery, convenience and minor retail service sectors.
For further details and a full explanation see here.
About Synovate
Synovate generates insights to help clients drive competitive brand, product and customer experience strategies. Now part of Ipsos, with offices in over 80 countries, our approach combines best in class global research capabilities with personalised service, local knowledge and the flexibility to create teams and processes that meet clients' specific requirements. At Synovate, our clients sit at the top of our organisational chart, driving us to continually develop more innovative research solutions that predict actual business outcomes.
For more information on Synovate visit www.synovate.com.