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Markets strengthen amid economic recovery hopes – business live


The latest figures are an improvement on the 73% year-on-year decline in May, but highlight the challenges facing retailers and hospitality companies as they try to encourage worried customers to return as the coronavirus lockdown eases.

At the same time online shopping has soared, as consumers browse and order from the comfort and safety of their home…

The Springboard figures show overall footfall including high street, shopping centres and retail parks fell by 57% in June 2020 compared with June 2019. The decline was sharpest on high streets, down 65%.

Consumers had more confidence to return to retail parks in the month from 31 May to 4 July, where footfall was 32% lower compared with the same period in 2019. In shopping centres footfall declined by 62%.



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