Impact of Storm Deidre on Christmas Shopping

  • Footfall dropped by 0.1% during the second week of December
  • Snow and ice disrupted shopping in December last year
  • Storm Deidre affected footfall this year
  • High streets and retail parks saw positive growth
  • Shopping centres experienced a decline in footfall
  • Analysts predict a 3.5% drop in footfall next week
  • Peak shopping day expected to be Friday instead of Saturday

Footfall dropped by 0.1% during the second week of December, according to Springboard’s latest figures. Last year, snow and ice caused significant disruption, leading to a more pronounced decline in footfall. This year, Storm Deidre brought rain and snow, affecting shopping performance. High streets and retail parks saw growth, but shopping centers experienced a 1.8% drop. Analysts predict a 3.5% overall decline next week, with the peak shopping day expected to be Friday instead of Saturday.

Factuality Level: 8
Factuality Justification: The article provides accurate information about footfall statistics and weather conditions that affected shopping behavior during the second week of December. It also includes expert analysis from Springboard, a reputable source. However, it could be improved by providing more context on the overall trend in footfall over time and comparing the numbers to previous years.
Noise Level: 3
Noise Justification: The article provides relevant information about footfall trends during a specific period and offers some insights into the impact of weather conditions on retail performance. It also includes predictions for future trends based on historical data. The language is clear and concise, with no apparent filler content or exaggeration.
Financial Relevance: Yes
Financial Markets Impacted: Retail sector
Financial Rating Justification: The article discusses footfall changes in shopping centers, high streets, and retail parks which can impact the financial performance of companies operating in these sectors.
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 last 48 hours.

Reported publicly: www.retailsector.co.uk