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High street footfall drops 11% following Brexit

Shoppers are staying away from the high street in the wake of Brexit, with footfall figures falling 11% in the seven days after the result on the European Union referendum was announced.

Bolton high street

Bolton high street

Overall shopper numbers dropped 5% on high streets, shopping centres and retail parks across the UK, retail research firm Springboard has reported, although high streets were the worst affected, according to The Mail on Sunday. 

Shares in big department stores and multiples have also fallen amid the uncertainty, with Debenhams down 17%, Marks & Spencer down 13% and Sports Direct down 20%.

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Readers' comments (1)

  • darren hoggett

    I do find the BREXIT gloom reported in the press contradictory from what we are finding. There seems a general relief that the referendum is out of the way and a lot more positively around. I see no reason why it should hit general purchases such as clothing. We were up on last years figures by 67% BREXIT week and 39% up last week, so the money is definitely out there. We are not seeing any negativity whatsoever.

    Darren Hoggett
    J&B Menswear Limited/Norwich

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