Home Business NewsBusinessBusiness Growth News This weekend is set to possibly be ‘the busiest trading weekend of the year’

This weekend is set to possibly be ‘the busiest trading weekend of the year’

by LLB staff reporter
24th Dec 23 10:33 am

Retailers across the UK are hoping that this weekend will be the busiest weekend of the year so far.

Shoppers hit the stores on Saturday for last minute shopping and a spokesperson for the British Retail Consortium said, “It’s been a rough few months for retailers, with shopper footfall and retail sales becalmed as the elevated cost of living and higher mortgages have taken a toll on consumer spending.

“However, our expectation is that this weekend will be particularly busy on Britain’s high streets, possibly the busiest trading weekend of the year, with a strong focus on shopping for last-minute gifts.

Seven tips to get your Self Assessment tax return right

“Many households appear to have left their Christmas shopping until later this year, and stores are pinning their hopes on a strong final flourish to pre-Christmas trading as it’s when they earn the revenues which tide them over the leaner months of the new year.”

The trade association’s spokesperson added, “Despite the weak economic outlook, households will be keen to make Christmas special for friends and family.

“This weekend will be particularly important for food-related shopping, providing a last chance for households to pick up all the trimmings for their Christmas dinner.”

Leave a Comment

You may also like

CLOSE AD

Sign up to our daily news alerts

[ms-form id=1]