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Footfall is expected to decline by 4.5% this weekend despite the hype around Black Friday sales.
Retail intelligence experts Springboard have predicted that consumers will be “unlikely to make trips to stores to shop” with high street footfall dropping by 5.5%, despite Black Friday falling on the payday weekend.
Diane Wehrle, insights director at Springboard said, “These results reflect the low confidence of consumers that has been impacting on their willingness to spend throughout the year. Consumers are increasingly favouring experience and leisure based trips over retail shopping. Given the ongoing uncertainty in the run up to the general election, this is unlikely to change over Black Friday weekend.”