Business & Investment

Boxing Day will empty High Street in the UK because shoppers are at home

High Street in the UK was almost abandoned on Boxing Day, and the number of shoppers fell by more than 60% compared to last year as coronavirus regulations became more stringent.

According to data from retail consultancy Springboard, Boxing Day’s high streets, retail parks, and shopping centers have all non-essential shops selling clothing, toys, furniture, electronics, and more in Tier 4 restricted areas 76. Collapsed nearly%. The item has been closed. Even in Tier 2 and Tier 3, where all stores were allowed to open, footfalls decreased by 33.1% and 38.5%, respectively, as many chose to stay at home.

On High Street in the UK, shopping volume decreased by 63.3% compared to Boxing Day 2019. Shopping centers were down 65.4% and retail parks were down 45%. Marks & Spencer and John Lewis have decided to close Boxing Day this year.

Tighter coronavirus regulations have been a disastrous year for stores. Even large retailers are struggling.For example, with the department store chain Debenhams Arcadia Group, which owns brands such as Topshop, Burton, Evans and Dorothy Perkins, called the admin..

Most of England, which makes up 43% of the population, is under strict Tier 4 restrictions, but Scotland and Northern Ireland impose a new blockade on Boxing Day, and Wales reintroduces the relaxed restrictions on Christmas Day. Introduced.

According to Springboard, shoppers fell 72.2% in provincial cities and 84.1% on Boxing Day in central London. This shows that people prefer to shop locally, compared to a 40.2% decrease in coastal towns and a 52.2% decrease in market towns.

Diane Wehrle, Springboard Insight Director, said: “Boxing Day has reduced its retail foothold each year in five of the last seven years to help shoppers get the best bargains online.

“Interestingly, Boxing Day is evolving into a leisure-based day, with shoppers starting their trip later in the day, combining shopping trips with eating out and interacting with family and friends. At Tier 3 and above. The closure of hospitality means that shoppers stayed at home and their foothold was significantly reduced. “

Boxing Day will empty High Street in the UK because shoppers are at home Boxing Day will empty High Street in the UK because shoppers are at home

Back to top button