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Ladbrokes sees a 20% Bump in Store Activity as Monday Re-opening Approaches

Source: https://huq.io/indicators/ladbrokes-sees-a-20-bump-in-store-activity-as-monday-re-opening-approaches/

Which way the economic winds will blow come Monday is the question on many minds as businesses across the country prepare to step back towards normality. For some of us, the chance for a flutter is finally imminent as the UK allows non-essential retail – and betting shops among them – to resume conventional trade.

The past months have led some punters to develop a keen interest in Belorussian footfall or Swedish ‘Kubb’ to sate their apetites. New data showing mounting activity levels around Ladbrokes stores in recent days suggests that some retailers expect to receive a flurry of guests as stores re-open.

Huq Industries and the Local Data Company are teaming up to produce a leading indicator that covers a range of industries and bell-weather brands from across the British economy.

Data from this indicator shows that Ladbrokes outlets have experienced a 20% increase in attendance since the start of June. Given this activity and that stores are closed to the public, this event suggests that the activity is attributed to workers installing ‘sneeze screens’ and other protective measures to prepare for a socially-distanced ‘new normal’. And with the premier league kicking off next week in front of empty stands, the bookies could be busy.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

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LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us