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Retail parks win war for shoppers
THE HIGH street is losing in the battle for shoppers as it succumbs to retail parks.
Footfall increased by 0.8 per cent year-on-year in retail parks in November, according to figures released today by Springboard and the British Retail Consortium. However, the high street saw footfall decline by four per cent year-on-year.
“The results clearly indicate that the structural shift in consumer activity brought about by the internet is ongoing, and that it is largely out-of-town locations that are continuing to capitalise on this change,” said Diane Wehrle, retail insights director at Springboard.