M&S, Next, Frasers: Stocks to consider as shoppers’ footfall improves in UK

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M&S, Next, Frasers: Stocks to consider as shoppers’ footfall improves in UK

 M&S, Next, Frasers: Stocks to consider as shoppers’ footfall improves in UK
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Highlights

  • With the easing of Covid restrictions and increasing consumer confidence, shopper footfall showed a gradual improvement in March.
  • Footfall level across shopping centres in the UK rose by 4.3% as compared to February’s rate. 

With the easing Covid restrictions and increasing consumer confidence, shoppers’ footfall across the UK showed a gradual improvement in March, according to the latest figures of the British Retail Consortium (BRC). Shopping centres in the UK saw significant improvement in footfall levels for the first time in 2022, which was up by 4.3% more than February’s rate.

 Stocks to consider as shoppers’ footfall improves in UK

2022 Kalkine Media®

But the study shows that with the increasing concern over the sharply rising cost of living, high streets could be emptier place in the coming months.

The total footfall was still down by 15.4% in March than its pre-pandemic level but was up by 1.2% from last month’s rate and better than the three-month average decline of 15.9%. While high street footfall was down by 17.8% in March as compared to its pre-pandemic levels, but 3.1% better than February. 

Let us look at 5 FTSE-listed retail stocks that may get impacted by the rising inflationary pressure on customers.

Mark And Spencer Plc (LON: MKS)

Multinational retail company Mark and Spencer Plc is engaged in offering clothing, home, and food products through its 1,509 stores and over 100 websites around the world. Last month the company reported that Steve Rowe is standing down as CEO on 25 May 2022 and Stuart Machin will take the responsibility for day-today leadership of the business and the executive committee.

With the current market cap of £2,955.99 million, the FTSE 250 listed retail company’s share value has depreciated by -3.98% over the last one year and its year-to-date return stands at -34.79% as of 8 April 2022. The company’s shares were trading at GBX 152.55, up by 1.09%, at 8:10 AM (GMT), as of 8 April 2022.

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B&M European Value Retail S.A. (LON: BME)

UK leading variety goods value retailer B&M European Value Retail S.A. offers customers with a limited assortment of the best-selling items across a range of Grocery and General Merchandise categories, all at compelling prices.

With the current market cap of £5,392.61 million, the FTSE 100 listed retail company’s share value has depreciated by -0.48% over the last one year and its year-to-date return stands at -15.05% as of 8 April 2022. The company’s shares were trading at GBX 541.20, up by 0.67%, at 8:10 AM (GMT), as of 8 April 2022.

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Next Plc (LON: NXT)

Multinational clothing, footwear and home products retailer Next Plc operates through 700 stores, of which 500 are in the UK. Through franchises, the company operates over 190 stores across 36 countries.

With the current market cap of £7,683.96 million, the FTSE 100 listed retail company’s share value has depreciated by -27.63% over the last one year and its year-to-date return stands at -28.39% as of 8 April 2022. The company’s shares were trading at GBX 5,888.00, up by 0.89%, at 8:10 AM (GMT), as of 8 April 2022.

Stocks to consider as shoppers’ footfall improves in UK

2022 Kalkine Media® 

JD Sports Fashion Plc (LON: JD)

Sports fashion and multichannel retail company JD Sports Fashion Plc combines and promotes global brands, such as Adidas, Nike, The North Face and Puma, with its own brand labels Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, and Livestock.

With the current market cap of £7,487.03 million, the FTSE 100 listed retail company’s share value has depreciated by -15.98% over the last one year and its year-to-date return stands at -33.36% as of 8 April 2022. The company’s shares were trading at GBX 147.25, up by 1.45%, at 8:10 AM (GMT), as of 8 April 2022.

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Frasers Group Plc (LON: FRAS)

British retail and intellectual property group Frasers Group Plc operates a diversified portfolio of sports, fitness, premium, lifestyle and luxury fascias, with around 769 stores in 25 countries. 

With the current market cap of £3,244.92 million, the FTSE 250 listed retail company’s share value has depreciated by -32.16% over the last one year and its year-to-date return stands at -14.40% as of 8 April 2022. The company’s shares were trading at GBX 656.00, down by 0.61%, at 8:10 AM (GMT), as of 8 April 2022. 

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks. 

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