Sunday , May 16 2021

British high street learn to cry quietly since credit crunch | Company



The crisis in Britain's high streets is to raise this Christmas, with shops that make it even for the fun celebratory period since prize-winning, prestigious.

A combination of low consumer confidence due to Brexit, more agile online competitors and Christmas collectors who have ever acquired experiences such as concert blocks instead of products, combining the destruction of the season for more high-speed stores, said the research group Springboard.

Footage – a measure of the number of stores visiting shops – is expected to expire by 4% of the month in comparison with the same time in 2017, as the gap decreased by 3.5%.

If the Springboard prediction is proved, it will be the ninth December of the last 10, in which chambers and morn traders have less notice.

In last year, UK annual footage has just risen, in 2011, when shopkeepers start again after two dripping years in # 39; the depth of financial crisis.

Diane Wehrle, a marketing and supervisor at Springboard, said: "This year has been reduced by more sugar, Black Friday was not a success and low consumer confidence due to Brexit's brine. I think that some traders actually In the new year, fashion and department stores are especially vulnerable. "

The delay for preachers is sent to Primorsk by the sector sent by the sector by warning of "challenging" trading companies, with Brexit jitters threatening the busiest shopping malls of the year.

The sale in England's third-largest kitchen – behind Next and the merchant M & S – have hit the high street, but Primark warns of destroyed sales for November or less buyer stores their stores.

Nick Bubb, an analyst at retail retailers, said the update would be "anxiety" in the # 39 horde of traders. the family, is Primark as one of more devout names.

The undesirable company Ted Baker also reports similar figures in a week, while John Lewis said the sale after the race on # 39;

The subject figures reflect the careful vote on the high street.

Consumer confidence disappeared by three percentage points after -13% in the last month, the lowest level this year, according to the long-term survey by the research company GfK. In & # 39; The consumer industry was 3.3% of the year in November, the lowest growth since March, despite the Black Friday vote, according to Barclaycard. The apartments have been taken by 2.9%, the largest fall since October 2017, while the expenses on household appliances are 14%.

Springboard called the fall in November fell by 3.2%, a significant decline in the previous year when it grew by 0.2%. The last month also represented the 12th month following deviation by this measure, with the numbers illustrating how the online focused black Friday shopping was involved.

However, the news comes after prices in British stores are only composed for the third time in five years in November, raising a higher global cost for types of species than wheat.

Retailers, who have their prizes in a high level of online competition and weak family, praised their prices by an annual 0.1% in November, the British Retail Consortium and the Nielsen market research firm.


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