Since the outbreak of Covid-19 in the UK, we have seen an unprecedented decrease in footfall. At its worst, footfall was almost 93% down on the same day compared to the previous year.The chart below shows the footfall development over the last few weeks, combined with the number of covid-19 cases. We continue to monitor […]
PFM Intelligence Group, the Netherlands headquartered specialist technology and communications company, has announced the acquisition of CoreTech Solutions, the market leading IT infrastructure provider to the UK retail property sector, for an undisclosed sum.The deal, which establishes the PFM Holding UK Ltd company, will create a significant player in integrated technology systems, focusing on complex […]
The whole of England was placed in full lockdown from Midnight on Monday the 4th of January 2021. Apart from Monday, the remainder of the week saw all non-essential stores closed. Consequently, the shopping centre index saw a drop of -41% in visitors compared to the previous week. When comparing the week to the same […]
This year started quite positive, with slightly more visitors in January (+1%) & February (+4%) compared to the same months in 2019. Since the outbreak of Covid-19 in the UK, we have seen an unprecedented decrease in footfall, starting with a decrease of –41% in March. First lockdown The first lockdown began on March 23rd […]
An update on the footfall development of the last two weeks in the UK. We compare different regions of the UK to the previous week and the previous year.Week 46 The week of November 9th was the first full week of lockdown in the UK and the first week that Wales came out of their […]
The pandemic has been a challenge for all of us, but for the management of all places where people gather, and specifically in retail, visibility of accurate occupancy has never been more important. Therefore, PFM has taken the experience in footfall and developed a retailer focused occupancy solution. This solution provides, out of the box, […]
As a result of the Covid-19 measures there has been a sharp drop in visitor numbers in shopping centres throughout the UK since mid-March. There was a peak of -93% and an average over the period of -87% compared to previous year. When shops were allowed to (re)open on June 15th, we saw an initial […]
The last few months have been challenging. Businesses have been struggling to find a way to (re)open their doors while at the same time following the rules on social distancing. It has also been a time where technological applications and initiatives have been multiplying in an attempt to control the situation.At PFM we have provided […]
Yesterday Boris Johnson announced his plans for all shops to reopen on June 15. If we look at other countries such as the Netherlands and Germany where the visitor numbers do not deviate much from what they normally see in this period, we can expect the same for the UK visitors once the shops reopen. […]
Nobody could have imagined that COVID-19 would be the greatest disruptive event for virtually all sectors in our modern economy. An unforeseen effect of this is we are redesigning, improving and changing the way we implement all economic and social connections. Tragically we are losing people, companies are going under and the largest recession in […]