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Why did Scottish retail sales stay weak?
Retail sales in Scotland grew only slightly in December, with a 0.4% increase and a slight decline in inflation-adjusted sales. Economic pressures like rising living costs and ongoing economic uncertainty have dampened consumer spending, leading to weaker sales despite some shopping centres seeing record visitor numbers.
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What does low footfall mean for the UK economy?
Low footfall across shopping centres and retail parks indicates reduced consumer activity, which can slow economic growth. When fewer people shop, retail sales decline, affecting jobs, business revenues, and overall economic confidence in the UK.
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Are shoppers changing their habits?
Yes, many consumers are shifting their shopping habits, favoring online shopping and experiences over traditional retail visits. Rising costs and convenience are driving these changes, leading to fewer visits to physical stores and a more cautious approach to spending.
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Will retail bounce back soon?
The outlook for retail recovery remains uncertain. While some shopping destinations are thriving due to new brands and experiences, broader economic pressures and changing consumer preferences suggest a slow and uneven recovery in the retail sector.
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How are out-of-town shopping centres performing?
Out-of-town shopping centres like Glasgow's Silverburn and Glasgow Fort have seen record visitor numbers in 2025, with increases of 10% and 8% respectively. These centres are attracting more visitors due to new brands and experiences, but this hasn't translated into overall retail sales growth across the UK.