Brexit worries and online stores hit shopping centre sales
by Katie Allen from on (#26QTD)
Retail outlet footfall drops drastically as fewer shoppers make Boxing Day trips and prefer leisure experiences to spending on physical goods
Retailers are facing a tough close to the festive season amid signs that shoppers have ditched the traditional post-Christmas sales trip due to Brexit worries and the growing popularity of online stores.
Shopping centres had a particularly disappointing Boxing Day, suffering a 19.9% year-on-year drop in footfall - a measure of shopper numbers. High streets saw footfall decline 2.2% compared with 2015, and for out of town retail parks footfall was down 4.2%, despite earlier optimism, according to retail analysts Springboard.
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