UK Shopper Attendance Dipped 2.2% Last Year, Marking Largest Decline Since Pandemic - PRESS AI WORLD
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UK Shopper Attendance Dipped 2.2% Last Year, Marking Largest Decline Since Pandemic

share-iconFriday, January 03 comment-icon2 weeks ago 6 views
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reutersREUTERS
UK Shopper Attendance Dipped 2.2% Last Year, Marking Largest Decline Since Pandemic

Credited from: REUTERS

  • Shopper traffic in British retail decreased by 2.2% in the last year, marking the largest drop since 2021.
  • Footfall fell by 2.5% in the last quarter, vital for retailers’ holiday profits, following a slight 0.1% increase in Q3.
  • Despite some busy shopping days in December, overall footfall was described as "subdued" by industry experts.
  • High streets struggled more than retail parks, as shoppers preferred locations with free parking.
  • Retailers expressed concern over increased employment taxes and property taxes impacting profits.

Read more at Reuters.


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