Retail footfall forecast to drop in lead-up to Christmas
Retail footfall is predicted to fall in the run-up to Christmas as consumers “tighten their purse strings” due to rising bills, according to MRI Software, formerly Springboard.
It forecasts that footfall across UK retail destinations will drop month on month by 3.2% in September, representing the largest decline since January 2023.
It is predicted that footfall will decline by 0.1% in October and be flat in November.
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