Matt Clark, EMEA Leader, Retail, comments on BRC-Sensormatic Footfall Monitor statistics (05.09)

“This month’s figures continue to showcase an uncomfortably familiar reality for UK retail. Consumer confidence remains subdued, and with the Autumn Budget approaching this November, shoppers are hesitating to spend on big-ticket and non-essential items. Value has become the name of the game, with discounters set to benefit the most as households consolidate their spending on essentials.

“The increasing challenge for retailers is that driving like-for-like growth through value alone is only a temporary solution. The industry needs to rebuild its trading muscles and sharpen its competitive edge in today’s retail environment. Retailers must also focus on more creative ways to differentiate and steal share to drive volume growth in this incredibly competitive market."