Overview

• 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.