17/02/2014
NI Shopper Numbers Increase
Confidence appears to be returning to Northern Ireland high streets, as the decline in recorded footfall continues to slow.
Footfall in Northern Ireland fell by 2.0% in January 2014, indicating a marked improvement on the 8.7% fall recorded in December.
The vacancy rate in Northern Ireland in January was 18.0%, marginally improved from the previous quarter.
The figures have been released by the Northern Ireland Retail Consortium (NICR).
Director Aodhán Connolly said: "We are starting to see things moving in the right direction in Northern Ireland. The decline in the numbers of shoppers we are seeing has slowed, and while we've still seen two per cent less people visiting shops than in January 2013, that's a significant improvement over the numbers we saw in the final quarter of last year."
Footfall for the whole of the UK in January was 1.6% higher than a year ago, up on a 2.4% fall in December.
Footfall in out-of-town locations across Great Britain and Northern Ireland improved to a 5.7% increase, with shopping centres reporting a rise of 2.4%.
The national town centre vacancy rate in the UK was 11.0% in January 2014, indicating a fall from October's rate of 11.1%.
"This good news for retailers helps to explain the rise in sales we have been seeing and shows that retailers have done well in pitching their sales and new ranges in January to tempt shoppers in," Mr Connolly continued.
"Despite the wet and windy weather over the month, people have still been visiting our shops.
"Empty shops hurt local economies, so there is also good news in the small drop in the number of vacant units across Northern Ireland to 18 per cent. While that number remains high, it is an improvement. To make a larger dent in this problem, it is important for everyone to work together to reduce the costs of operating properties."
Diane Wehrle, Retail Insights Director at Springboard, said: "With a drop in footfall of 2.0 per cent, Northern Ireland's retail locations were less resilient in January than the UK as a whole, which recorded an increase of 1.6 per cent.
"However, in line with the UK, it is retail parks that led the way with an increase in footfall of 3.7 per cent reflecting the increased demand for furniture which underpinned January's positive sales performance.
"Whilst the vacancy rate in Northern Ireland remains the highest of any part of the UK, the drop from 18.4 per cent to 18.0 per cent suggests a degree of optimism about future trading conditions."
(IT/JP)
Footfall in Northern Ireland fell by 2.0% in January 2014, indicating a marked improvement on the 8.7% fall recorded in December.
The vacancy rate in Northern Ireland in January was 18.0%, marginally improved from the previous quarter.
The figures have been released by the Northern Ireland Retail Consortium (NICR).
Director Aodhán Connolly said: "We are starting to see things moving in the right direction in Northern Ireland. The decline in the numbers of shoppers we are seeing has slowed, and while we've still seen two per cent less people visiting shops than in January 2013, that's a significant improvement over the numbers we saw in the final quarter of last year."
Footfall for the whole of the UK in January was 1.6% higher than a year ago, up on a 2.4% fall in December.
Footfall in out-of-town locations across Great Britain and Northern Ireland improved to a 5.7% increase, with shopping centres reporting a rise of 2.4%.
The national town centre vacancy rate in the UK was 11.0% in January 2014, indicating a fall from October's rate of 11.1%.
"This good news for retailers helps to explain the rise in sales we have been seeing and shows that retailers have done well in pitching their sales and new ranges in January to tempt shoppers in," Mr Connolly continued.
"Despite the wet and windy weather over the month, people have still been visiting our shops.
"Empty shops hurt local economies, so there is also good news in the small drop in the number of vacant units across Northern Ireland to 18 per cent. While that number remains high, it is an improvement. To make a larger dent in this problem, it is important for everyone to work together to reduce the costs of operating properties."
Diane Wehrle, Retail Insights Director at Springboard, said: "With a drop in footfall of 2.0 per cent, Northern Ireland's retail locations were less resilient in January than the UK as a whole, which recorded an increase of 1.6 per cent.
"However, in line with the UK, it is retail parks that led the way with an increase in footfall of 3.7 per cent reflecting the increased demand for furniture which underpinned January's positive sales performance.
"Whilst the vacancy rate in Northern Ireland remains the highest of any part of the UK, the drop from 18.4 per cent to 18.0 per cent suggests a degree of optimism about future trading conditions."
(IT/JP)
Related Northern Ireland News Stories
Click here for the latest headlines.
29 May 2012
Access To Republic Of Ireland Digital TV Channels Confirmed For Northern Ireland
TV viewers in Northern Ireland will be able to watch TG4 and RTÉ One and Two on Freeview following digital TV switchover, the UK Government confirmed today.
Access To Republic Of Ireland Digital TV Channels Confirmed For Northern Ireland
TV viewers in Northern Ireland will be able to watch TG4 and RTÉ One and Two on Freeview following digital TV switchover, the UK Government confirmed today.
19 May 2014
Northern Ireland Retail Sector Shows April Recovery
NI Shopping figures have increased by almost 13% in April compared to the same period last year, according to the Northern Ireland Retail Consortium (NIRC). The vacancy rate in Northern Ireland was 17.2%, marginally improved from the previous quarter.
Northern Ireland Retail Sector Shows April Recovery
NI Shopping figures have increased by almost 13% in April compared to the same period last year, according to the Northern Ireland Retail Consortium (NIRC). The vacancy rate in Northern Ireland was 17.2%, marginally improved from the previous quarter.
06 December 2022
firmus energy Announces 20% Gas Price Reduction
firmus energy has announced a 20.52% reduction of their gas tariff for domestic and small business customers in their Ten Town area from today, Tuesday 06 December, alongside a 17.6% decrease across the Greater Belfast Network from 01 January 2023.
firmus energy Announces 20% Gas Price Reduction
firmus energy has announced a 20.52% reduction of their gas tariff for domestic and small business customers in their Ten Town area from today, Tuesday 06 December, alongside a 17.6% decrease across the Greater Belfast Network from 01 January 2023.
26 September 2011
False Imprisonment Case Goes To Appeal
There's an unusual development in legal affairs this week with news that the Criminal Cases Review Commission has referred two convictions to the Northern Ireland Court of Appeal. It is thought both James Martin and Veronica Ryan (formerly known as Veronica Martin) were actively 'invited' to seek the appeal.
False Imprisonment Case Goes To Appeal
There's an unusual development in legal affairs this week with news that the Criminal Cases Review Commission has referred two convictions to the Northern Ireland Court of Appeal. It is thought both James Martin and Veronica Ryan (formerly known as Veronica Martin) were actively 'invited' to seek the appeal.
16 May 2007
Employment levels in NI reach a new high
Employment in Northern Ireland has risen to a record high and the unemployment rate remains below the UK average, according to new figures. Seasonally adjusted figures for the period January to March 20074 estimate there were 776,000 people in employment in Northern Ireland – the highest figure on record.
Employment levels in NI reach a new high
Employment in Northern Ireland has risen to a record high and the unemployment rate remains below the UK average, according to new figures. Seasonally adjusted figures for the period January to March 20074 estimate there were 776,000 people in employment in Northern Ireland – the highest figure on record.
-
Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.