Bulletin

Tube strike blow for London retailers

Last month's London Underground strike caused further difficulties for retailers in the capital who were already suffering from reduced footfall, according to Ipsos Retail Performance. The number of shoppers in London and the suburbs fell 9.5% in the first week of August when travel in the capital was disrupted by a 24-hour Tube strike. Meanwhile shopper numbers at over 4,000 non-food retailers nationwide fell by 5.4% in August, compared to the same month a year ago. Tim Denison, director of retail intelligence at Ipsos, said he did not think the figures signalled an underlying trend in the sector. 'We view August's footfall decline simply as a blip that should not be repeated in September,' he said.

 

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