Shopping Centres See Biggest Gain
- Black Friday footfall increased by 3.3% year-on-year
- Shopping centres experienced a +6.5% increase in footfall
- Consumer demand for combining shopping with leisure and eating out contributed to the uplift
- Footfall increased as the day progressed
- Springboard anticipates a decline in footfall during the Christmas trading period
Black Friday footfall rose by 3.3% year-on-year, according to Springboard’s latest figures. Shopping centres experienced the most significant increase with a +6.5% rise in footfall as shoppers took advantage of discounts. Despite Brexit uncertainty and low consumer confidence, Black Friday fell on payday, allowing consumers more time for bargain hunting. Combining shopping with leisure activities also contributed to the uplift. Footfall increased throughout the day, reaching +3.9% by 5pm. Springboard predicts a decline in footfall during the Christmas trading period.
Factuality Level: 7
Factuality Justification: The article provides accurate and objective information about Black Friday footfall statistics and insights from Springboard. It presents data and expert opinions without any significant digressions or misleading statements.
Noise Level: 3
Noise Justification: The article provides relevant information about Black Friday footfall and its impact on retailers, but it lacks in-depth analysis or exploration of long-term trends or consequences. It also does not offer actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: Retail sector
Financial Rating Justification: The article discusses Black Friday footfall and its impact on retail destinations, which is related to financial topics as it affects the retail industry and consumer spending.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no mention of an extreme event in the text.
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