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The Latest Breaking News from Diane Wehrle

Christmas ‘disastrous’ for retailers as households battle ongoing cost pressures

Retail footfall was 11.4% down on last year over the final full week before Christmas, according to Rendle Intelligence and Insights.

The Independent UK

‘Tourist tax’ set to hit total spend during Chinese New Year celebrations in London

It is anticipated footfall will rise by as much as 10% in central London this weekend

Evening Standard

Less fun and games for UK toy shops at Christmas 2023

As struggling households cut the number of gifts retailers reckon 5m fewer toys will sell in this year’s traditional ‘golden quarter’

The Guardian - UK

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Central London retailers eye Christmas shopping sales jump this 'Super Saturday'

Central London retailers could be in line for bumper trading this 'super' Saturday as shoppers rush out for last-minute Christmas gifts and lead sales and footfall to jump by at least a fifth for some brands, it has been predicted.

Evening Standard

Flying start for Black Friday as early purchases beat last two years, and London footfall set to rise

Visitor numbers to central London are forecast to be about 8% higher than last weekend

Evening Standard

UK shoppers expected to buy fewer Black Friday goods amid cost of living crisis

Spending predicted to be up just 0.4% on 2022 as inflation and Amazon warehouse strikes hit discount event

The Guardian - UK

Coronation treats: Retailers ready as consumers stock up for festivities

Searches for coronation-themed recipes are soaring and supermarkets are stocking up on Champagne, scones, jam and clotted cream.

The Independent UK

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March delivers ‘sharp shock’ to retailers amid consumer cost-of-living woes

Footfall across all UK retail destinations fell by 2.8% on the month before – a significant drop from the 9.4% increase seen in February, data shows.

The Independent UK

Hybrid working keeps high street footfall 18% down on pre-pandemic 2019

An average of 55% of consumers worked at home for at least some days each week in 2022, analysts Springboard said.

The Independent UK

Christmas shoppers provide boost despite rail strikes and cost-of-living crisis

Shopper footfall in December was up 5.8% on the month before and 9.9% higher than the previous year, according to Springboard.

The Independent UK

Retail footfall drops by more than a quarter in week after Christmas

Springboard said footfall across the UK’s retail destinations last week was 27.7% lower than the week before.

The Independent UK

UK retailers hit by drop in footfall as energy bills rise

Fall of 0.2% recorded in week starting 2 October, with biggest dip in shopping centres and retail parks

The Guardian - UK

Recovery in shopper numbers slows as inflation bites

Shoppers likely to spend even more cautiously in October in face of inflation and rise in interest rates

The Independent UK

UK high street warned not to expect return of pre-Covid Christmas

December retail footfall forecast to be 18% down on 2019 levels as people struggle with soaring cost of living

The Guardian - UK

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The Guardian - UK

Visits to shopping centres and high streets dip below pre-pandemic levels

South of England experiencing faster recovery than north, Scotland and Northern Ireland

Los Angeles Times

More evidence that bosses want you back to work in the office despite COVID's endless grip

LOS ANGELES — Most bosses remain steadfast in their desire to see their white-collar employees in the office despite many workers' desire to stay home most of the time.

The Independent UK

Footfall set to remain below pre-pandemic 2019 levels for the foreseeable future

Springboard said the cost-of-living crisis is starting to limit consumer spending, while working from home has ‘become a permanent fixture’.

The Independent UK

Retailers hope restriction-free Easter and warm weather will boost sector

Experts said shopper footfall is predicted to rise by 6.2% over the break compared with the weekend before, and by 13.3% on Saturday.

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