Britain's Christmas shopping hurt by rail strikes and snow
People carry shopping bags as they walk past Christmas themed shop displays on Regent Street in London, on Dec 4, 2022.
PHOTO: Reuters
PUBLISHED ONDecember 18, 2022 2:10 AM
LONDON — British retailers have been hurt by a sharp dip in shopper numbers this week, a crucial Christmas trading period, as snowy weather and a national rail strike deterred people from venturing out, researcher Springboard said on Friday (Dec 16).
It said shopper numbers, or footfall, in UK retail destinations from Monday to 1100 GMT (7pm Singapore time) on Friday was down 7.5 per cent from the week before.
Springboard said traffic was particularly weak on high streets — down 14 per cent on last week.
"The impact on high streets will have emanated from a mix of employees choosing to work at home due to the rail strike, and the cancellation of shopping and leisure trips. The cold weather is also likely to have played a part," it said.
On a year-on-year basis total footfall is down 3.8 per cent so far this week, it added.
With UK inflation running at 10.7 per cent and consumer confidence close to record lows, retailers were already fearing a muted Christmas trading period, with a raft of surveys showing most consumers plan to do less holiday shopping this year.
Several British retailers, including Marks & Spencer (MKS.L) and Primark, have cautioned on the outlook in recent months, highlighting the stress felt by many households as the cost-of-living crisis eats into their finances.
Official data published on Friday showed retail sales slid unexpectedly in November, despite the men's football World Cup and Black Friday sales promotions.