Boxing Day footfall in London has dropped as shoppers opt for online deals over traditional high street visits
The main conceptual idea of the text is that consumers are increasingly shifting their Boxing Day shopping habits online, leading to a significant decline in foot traffic to physical stores.
Factors driving this trend include:
* Cost-of-living crisis: Heightened economic concerns may be influencing shoppers to be more cautious with their spending and opt for online deals.
* Early sales: Retailers starting sales earlier in December, even on Christmas Eve, allows consumers to access deals without waiting for Boxing Day.
* Convenience and accessibility: Online shopping offers convenience and a wider selection of products, particularly attractive during busy shopping periods.
The text highlights the changing retail landscape and the growing dominance of e-commerce, even for traditionally high-footfall occasions like Boxing Day.
The main conceptual idea of the text is that consumers are increasingly shifting their Boxing Day shopping habits online, leading to a significant decline in foot traffic to physical stores. Factors driving this trend include: * Cost-of-living crisis: Heightened economic concerns may be influencing shoppers to be more cautious with their spending and opt for online deals. * Early sales: Retailers starting sales earlier in December, even on Christmas Eve, allows consumers to access deals without waiting for Boxing Day. * Convenience and accessibility: Online shopping offers convenience and a wider selection of products, particularly attractive during busy shopping periods. The text highlights the changing retail landscape and the growing dominance of e-commerce, even for traditionally high-footfall occasions like Boxing Day.
