Vacancy rates at highest level for four years as footfall declines
The latest BRC-Springboard Footfall and Vacancies Monitor showed town centre vacancies climbed to 10.2% in April – a further increase on the previous quarter rate of 9.9% and the highest since April 2015.
Footfall declined in the month by 0.5%, compared to the same point last year when it declined by 3.3%.
High street footfall fell by 1%, while shopping centre footfall fell by 2.1%. Bucking the wider trend, footfall at retail parks increased by 2.2% in April.
Already have an account? Sign in here