RTI figures show north / south divide continuing; shopper behaviour changing


9 mars 2008

UNITED KINGDOM — Surprising figures from the Retail Traffic Index (RTI) from analysts Synovate Retail Performance, now part of global research company Synovate, show that the number of people out shopping in February was actually 1.8% higher than in February 2007, but still 7.1% lower than in January this year.

Synovate Retail Performance's Dr Tim Denison, a retail psychologist, explains; "February was billed to be a 'graveyard' month for retailers, especially after a slightly better than expected Christmas and a busy clearance fortnight afterwards. However, our figures show the month in a very different light. The high streets and shopping centres were not wastelands last month at all. Evidently people were still crossing shop thresholds.

"However, what we are possibly seeing here is the beginning of a subtle change in consumer behaviour. Now that the chips are down and people's disposable income is noticeably being squeezed, it's possible householders are putting more effort into getting the most for their scarcer, discretionary pound. This means visiting more shops, making more trips and, indeed, doing more research on-line to secure the best deal; knowing that there are many to be had. It is too early to know for certain if this is the start of a change in attitude and approach by shoppers but it is certainly possible that a new retailing scene is beginning to emerge on this changing economic canvas.

"The BRC / KPMG sales monitor figures out at the start of next week should help us understand the figures a little better, but we shall need a few months' run comparing the two datasets before we can be sure of the trend. We should also bear in mind that the first week of February 2007 saw heavy snowfall across the country. As a result shopper numbers for the same week this year were 4.9% greater, giving a considerable boost to the month as a whole.

"One other developing trend; the North-South divide that we highlighted in January, continued throughout February. London and the South East recorded a year-on-year footfall rise of 6.8% in the month and in Wales and the South West the lift was even greater at 7.0%. In stark contrast, numbers in Scotland and Northern Ireland were down by 6.0% on 2007. Our numbers certainly tally with other robust regional datasets in retailing. It does appear that the slowdown is impacting different parts of the country either at different speeds or by different extents. Again, we need to wait to see exactly how the geographical trends pan out.

"Retailing and shoppers never stand still and these latest results hint at a new dynamic in everyday life: of consumers valuing every pound in their pocket a measurable amount more and making them count a little bit extra."


All enquiries for follow up or interviews with Dr Tim Denison should be directed to Theo Chalmers at Verve PR on 01908 275271 (weekdays) or 07932 004632.


Contact(s) for this press release


Tim Denison
Synovate Retail Performance

34 Walker Avenue
Wolverton Mill
Milton Keynes
MK12 5TW
United Kingdom

Tel. +44 (0) 1908 682 700
Fax. +44 (0) 1908 682 739
Send an email



Theo Chalmers
Managing Director, Verve Public Relations

Park House, 8 Grove Ash
Mount Farm
Milton Keynes
MK1 1BZ
United Kingdom

Tel. +44 1908 275 271
Fax. +44 1908 275 272
Send an email




About Synovate Retail Performance

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. Originally founded as Solution Products Systems Ltd (SPSL) in the UK in 1998, it was acquired by Synovate in December 2007 and now offers unrivalled global reach and scalability through Synovate's network of in-country teams and three specialist hubs based in Europe, North America and the Far East.

It supplies national and international retailers with essential business metrics to drive accountability and performance improvement. Synovate Retail Performance harnesses powerful retail and shopper intelligence and creates real deployable insight, to deliver its mantra of "Measure, Manage, Improve" to clients.

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. Synovate Retail Performance is part of Synovate Customer Experience, Synovate's global business practice specialising in the profitable management of the total sum of all customer interactions.

For more information on Synovate Retail Performance click here.



About Synovate

Synovate, the market research arm of Aegis Group plc, generates consumer insights that drive competitive marketing solutions. The network provides clients with cohesive global support and a comprehensive suite of research solutions. Synovate employs over 6,400 staff across 62 countries.

For more information on Synovate visit www.synovate.com.