×
The email you entered is not valid.
Economy

Emerging Trend? Londoners Move to Independent Shopping

Source: https://huq.io/indicators/londoners-move-to-independent-shopping/

Londoners are shying from big brand retailers in favour of shopping at independent outlets, with independent and single-site retailers consistently outpacing chains throughout the autumn.

The Huq Index contrasts visits to chains with independents across a mix of categories ranging from clothing stores and cafes to chemists and food shops. Mobile geo-data shows visits to independents fell away faster than for chains as the country went into lockdown, with chains holding 5-10% over independents. However, since re-opening at a similar rate, independents have taken a consistent lead of up to 10% over chains from August 10th onwards.

Footfall across both chains and independents has dropped recently, but whether that’s attributed to the government’s move to ‘shop local’ or fears of visiting higher-footfall locations, the trend towards more independent shopping appears to be holding strong.

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

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

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

Datamyne

Founded in 1992 with the aim of accurately documenting import‐export transactions in the Americas, built and maintained by an international team, Descartes Datamyne today is a top‐ranked provider in the highly competitive US market for trade data.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

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

Datamyne

Founded in 1992 with the aim of accurately documenting import‐export transactions in the Americas, built and maintained by an international team, Descartes Datamyne today is a top‐ranked provider in the highly competitive US market for trade data.