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Brexit worries and online stores hit shopping centre sales |
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#1 |
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Forum Member
Join Date: Jun 2009
Location: Los Angeles CA
Posts: 2,595
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Brexit worries and online stores hit shopping centre sales
Quote:
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. (...) (Diane Wehrle, Springboard’s insights director) highlighted signs that households are worrying about financial pressures, with the pound’s fall since the referendum stoking inflation by making imports to the UK more expensive. There were also concerns about more economic upheaval when the UK formally starts the process of leaving the EU. “There is a note of caution around spending at the moment ... as we get towards the period when we are going to invoke article 50 that will start to impact confidence,” said Wehrle. We have not left yet, and each and every time there is some worry that we might, the economy gets affected negatively. The effect of any impending Brexit is all single-sided and negative ! |
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#2 |
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Forum Member
Join Date: Mar 2013
Posts: 3,045
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I love how the wriggle brexit into the story when clearly online shopping is the majority of the cause.
Who really wants to go out into the cold and wet to wander around looking at shops when you can buy what you want from the likes of Amazon from you own home. |
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#3 |
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Inactive Member
Join Date: May 2011
Posts: 18,881
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Quote:
I love how the wriggle brexit into the story when clearly online shopping is the majority of the cause.
Who really wants to go out into the cold and wet to wander around looking at shops when you can buy what you want from the likes of Amazon from you own home.
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#4 |
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Inactive Member
Join Date: Mar 2003
Location: London, United Kingdom
Posts: 19,783
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Quote:
https://www.theguardian.com/business...g-centre-sales
We have not left yet, and each and every time there is some worry that we might, the economy gets affected negatively. The effect of any impending Brexit is all single-sided and negative ! |
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#5 |
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Inactive Member
Join Date: May 2011
Posts: 18,881
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Quote:
Yawn. Do you ever get bored posting these ridiculous stories?
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