UK Retailers See Boxing Day Boost as Shoppers Return to High Streets
Despite the increase, overall footfall remains lower than pre-pandemic levels, reflecting the long-term impact of online shopping and the ongoing cost-of-living crisis.
- Boxing Day footfall across all retail outlets in the UK was up 4% compared to last year, with an 8.8% increase on high streets.
- Central London saw a significant increase in footfall, up almost 11% from last year and even 1.6% higher than pre-pandemic levels in 2019.
- Despite the Boxing Day boost, overall footfall remains lower than in 2019, indicating the long-term impacts of the rise of online shopping.
- Retailers have been slashing their prices in recent days to attract cash-strapped customers back into their stores.
- The cost-of-living crisis is squeezing domestic spending and dampening consumer confidence.