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UK high street spend declined as shoppers took part in a ‘cautious Christmas’
UK high streets saw a drop in sales in December as shoppers decided to take a cautious approach to Christmas spending, according to data from Rendle Intelligence and Insights shared exclusively with Retail Week.
Sales in UK towns and city centres decreased by 7.9% year on year in December, following a 3.8% annual drop in spending in December 2023.
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