UK retail footfall drops 4.5% in November amid stormy weather and weak consumer confidence.

UK retail footfall dropped by 4.5% in November, with shopping centers seeing a 6.1% decline, due to stormy weather, weak consumer confidence, and the late Black Friday event. Retailers hope that Black Friday and Christmas sales will help offset the losses. Online Black Friday sales rose by 12%, but physical retail visits fell slightly. The industry faces additional challenges from increased costs imposed by the UK government's recent budget.

November 28, 2024
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