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The Latest Breaking News from MRI Software

Retailers get festive boost as more people head to shops

Jenni Matthews, of MRI Software, said ‘the surge in festive footfall may well be the last big splurge for many consumers’.

Evening Standard

Post-Christmas shopping to strengthen as bargain-hunters ’emerge’, analyst says

Refreshed figures from MRI Software showed a 4.9% drop in Boxing Day footfall across all UK retail destinations.

The Independent UK

Number of UK retailers on brink of collapse soars by 25%

Report for final three months of year shows pressure driven by rising costs and weak consumer confidence

The Guardian - UK

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UK retailers on brink of collapse surges by a quarter, report warns

The strain on the retail sector follows new data showing a drop in the number of people heading to the shops during Boxing Day sales.

The Independent UK

More UK retailers in critical financial distress; fashion brand Quiz needs more funding soon – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’

Boxing Day shopper footfall was down 7.6% across UK retail destinations by 8pm, in comparison to last year, MRI Software found.

The Independent UK

Boxing Day footfall down on UK high streets despite discounts

Data may reflect shift in behaviour influenced by cost of living crisis or front-loading of spending

The Guardian - UK

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Drop in Boxing Day shopper footfall ‘could be influenced by cost-of-living crisis’

Analysts predicted Boxing Day shoppers would spend £236 each on average in the Boxing Day sales this year, with most purchases made online.

Evening Standard

Last-minute Christmas shoppers provide boost for UK retailers

Christmas Eve footfall up 31% on last year across all retail destinations, after lacklustre start to season

The Guardian - UK

Shoppers cheer retailers with last-minute spree

Footfall was up by 31% across all UK retail destinations up until noon on Tuesday compared with Christmas Eve last year – although that was a Sunday.

The Independent UK

Christmas Eve boost for retailers after shoppers last-minute spree

Footfall was up by 31% across all UK retail destinations up until noon on Tuesday compared with Christmas Eve last year – although that was a Sunday.

Evening Standard

Last-minute Christmas shopping takes a dive as buyers feel the squeeze

Shoppers have held back from shopping as household finances remain low

The Independent UK

Peak Christmas high street footfall down 5.3% – survey

Shopping centres and retail parks saw ‘modest’ year-on-year shopper increases of 1.4% and 4.9% respectively, MRI Software said.

Evening Standard

Black Friday spending jumps over a tenth despite quieter high streets

Nationwide building society said that, as of 2pm on Friday, its customers had made 5.24 million transactions.

The Independent UK

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The Guardian - UK

Black Friday online sales in UK rise by 12% but shops still feel the pinch

Embattled retailers raise hopes of festive spending spree as sales event coincides with payday

Evening Standard

Retail footfall below 2023 levels but Taylor Swift and Euro 2024 give shops a boost

The number of people visiting the UK’s retail destinations remains below 2023 levels - but better weather, Taylor Swift’s tour and Euro 2024 has boosted traffic to shopping outlets in the past few weeks.

The Guardian - UK

Boxing Day footfall in central London returns to pre-pandemic levels

Influx of high street shoppers should cheer retailers with numbers up by nearly 9% on 2022

The Independent UK

Boxing Day retail footfall up 4% on 2022, analysis shows

High streets enjoyed an 8.8% rise in shoppers on December 26 last year, while central London saw footfall up 10.6%, MRI Software said.

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Evening Standard

Central London enjoys Boxing Day shopping bonanza as footfall soars

Bond Street leads the way with 20% jump in Boxing Day shoppers

The Independent UK

Boxing Day shopper footfall down a fifth on last year, figures suggest

The only town to experience a rise compared to last year was central London, where footfall was up 12.9%.

The Guardian - UK

New York Times accuses ChatGPT maker OpenAI and Microsoft of copyright infringement – as it happened

Rolling coverage of the latest economic and financial news, as news publisher says AI tools use its content without permission

The Guardian - UK

Christmas Eve shopper numbers fall amid Sunday trading and cost-of-living crisis

Footfall was nearly 7% lower than last week and more than a fifth down on 2022 levels

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