![]() ![]() Before opening a shop or establishing a store, research groups measure foot traffic for the area, which. ![]() It is a metric used by business owners and retail store owners to evaluate or measure the effectiveness and value of a commercial facility. the number of people who go into a shop or business in a particular period of time: Foot traffic at stores across the country has declined this year. “The sector’s success in maintaining its pandemic-era visit gains despite the volatile economic environment indicates that discount and dollar stores are now embedded in many consumers’ regular shopping routine,” the report said. Foot traffic refers to the number of people who walk into or around a given area at a specific time. And Placer.ai expected chains such as Dollar Tree, Dollar General and the Family Dollar to see consistent foot traffic into 2023 given a potential economic recession as shoppers look to save money. Meanwhile, foot traffic at discount stores, which dominated retail leasing last year, increased 2.2 percent in the first quarter of 2023 compared with the same period in 2022. Integrating with a variety of people counting technologies. Visitors still flocked to gyms, which saw an 18.7 percent increase in foot traffic in the first quarter compared to the same period in 2022, according to Placer.ai. Scanalytics makes it easy to turn your foot traffic data into a continuous source of insights. A super versatile high value runner that’s lightweight and cushioned without losing its bounce and response. One of our featured road shoes is the AERO BLAZE This shoe has all the makings of a star trainer. Superstores also saw 4.1 percent fewer visitors in the first quarter of this year compared to the first quarter of 2022, while malls recorded 3.1 percent fewer patrons during that same 12-month period.īut not every retailer saw drops. From trail to road, Foot Traffic carries multiple models of Salomon running and walking shoes Call, visit, or click and find out more. “Some of the traffic decrease is due to the success - and the unique behaviors - these sectors last year.” “The category has experienced particularly steep price increases, and as inflation replaced COVID as consumers’ primary concern, grocery traffic fell,” the report said. Placer.ai attributed the drop to higher consumer prices, which rose 5 percent in March, and said the higher cost of goods has been hitting grocery stores hard. SEE ALSO: Consider SROs to Help Solve New York City’s Homelessness Crisis ![]()
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