Climate change protestors are continuing to disrupt the West End and with a threat on Wednesday to target the London Underground too, retailers are increasingly worried that the Easter shopping season is at risk.
The UK is a magnet for luxury tourists but the potential for spend at its upscale fashion stores is being let down by the country’s ‘Stone Age’ method of refunding VAT, experts claim. And Brexit could make it worse.
The number of shoppers in Britain visiting stores on the day after Christmas fell again this year, data showed on Thursday, underscoring how a formerly key date for retailers has been supplanted by Black Friday sales.
The number of British shoppers hitting the post-Christmas sales dipped by 4.2 percent year-on-year on Wednesday, offering no relief for struggling stores that had already discounted heavily in the run-up to the holiday.