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Brexit worries and online stores hit shopping centre sales


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Old 28-12-2016, 08:01
tahiti
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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.
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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Old 28-12-2016, 08:27
johnny_boi_UK
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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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Old 28-12-2016, 08:35
allaorta
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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.
It might be an issue if it was news. Online selling has been displacing traditional shopping for yonks, with the bonus that it's environmentally friendly keeping all those cars off the road.
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Old 28-12-2016, 08:46
MTUK1
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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 !
Yawn. Do you ever get bored posting these ridiculous stories?
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Old 28-12-2016, 08:55
allaorta
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Yawn. Do you ever get bored posting these ridiculous stories?
Tahiti is describing himself when he says, "single-minded and negative".
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