Retail footfall slumps 2.2% in December despite Black Friday and Christmas combo

Less of a decline than in the previous month

Cristian Angeloni
clock • 2 min read

Retail footfall figures disappointed in December despite hopes that both Black Friday and Christmas occurring in the same month would provide retailers with a boost.

According to data from the British Retail Consortium (3 January), total UK footfall decreased 2.2% in December, although this was still an improvement from the -4.5% in the previous month. Revised figures show zero UK real GDP growth in Q3 For the last quarter of 2024, footfall decreased by 2.5%, whereas for the year, the figure was 2.2% lower than 2023. Shopping centre footfall saw the biggest drop last month at 3.3%, followed by high street (2.7%), whereas retail park remained unchanged from November. In terms of regions, Northern Ireland suffered the biggest decline at 5.8%, ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

US and UK agree 'breakthrough' trade deal

US and UK agree 'breakthrough' trade deal

The US' first major deal since 'Liberation Day'

Patrick Brusnahan
clock 08 May 2025 • 1 min read
BoE 25bps cut 'nailed on' but analysts warn labour market 'cracks are beginning to show'

BoE 25bps cut 'nailed on' but analysts warn labour market 'cracks are beginning to show'

Larger rate cut deemed unlikely

Linus Uhlig
clock 08 May 2025 • 3 min read
UK nears deal with US for lower tariffs on cars and steel - reports

UK nears deal with US for lower tariffs on cars and steel - reports

Deal set to be signed this week

clock 07 May 2025 • 1 min read
Trustpilot
Loading page