Cautious optimism as footfall decline slows

Latest data from the British Retail Consortium (BRC) showed that there was cautious optimism as footfall decline slows The data (covering the four weeks 4th-31st January) showed that total UK footfall decreased by 0.6% in January (YoY), up from -2.9% in December. High Street footfall decreased by 1.9% in January (YoY), down from -0.9% in…

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Christmas fails to deliver for retail

The Christmas ‘golden quarter’ of 2024 has not provided the anticipated boost for UK retailers, as consumer confidence remains low according to the British Retail Consortium-KPMG Retail Sales Monitor. The data showed that sales increased by only 0.4% in the three months leading to December compared to the previous year. December’s sales, including Black Friday,…

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