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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends. The retail landscape continues to face challenges as May's data reveals decreased footfall and consumer spending across most sectors, with fashion retail experiencing a particularly steep decline of 3.6% year-on-year.

• High street footfall down 2.5% with only retail parks showing a minimal increase of 0.2%
• Overall spending in high streets down 1.8% year-on-year, worse than last May's 0.6% decline
• Non-food retail sales dropped by 1.1% despite overall sales increasing by 1%
• Fashion retail continues its two-year decline, dropping 3.6% in May
• General retail, previously performing well, has now slipped to 0.7% down
• Post-pandemic work patterns have fundamentally changed clothing needs with many consumers now maintaining just one wardrobe instead of separate work and casual wardrobes
• Clothing and footwear experiencing deflation of 0.3% due to heavy discounting
• Economic uncertainty and global geopolitical tensions contributing to consumer caution
• Retailers shifting focus to increasing average transaction value rather than acquiring new customers
• Creative marketing approaches including collaborations and limited editions becoming more important for driving sales

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