UK Sees Jump in Shoppers as Lockdown Eases

Easing of lockdown restrictions on the UK has helped increase the number of shoppers heading to retail outlets across the country

Arslan Butt•Tuesday, June 2, 2020•1 min read

UK Sees Jump in Shoppers as Lockdown Eases

According to recent research by Springboard, easing of lockdown restrictions in the UK has helped increase the number of shoppers heading to retail outlets across the country. Analysts have observed a 28% rise in the number of shoppers across all retail destinations in the UK over the past week.

Diane Wehrle, Springboard’s insights director, remarks, “It appears that even though only markets and car showrooms have opened today in addition to essential stores, shoppers are heading back into bricks-and-mortar destinations.”

However, the overall number of shoppers seen out and about is still around 60% less than the levels seen during the corresponding period last year. People are being more cautious about heading out even after the lockdown eases amid fears of contracting the virus.

The UK government had allowed car showrooms and outdoor markets selling non-essential goods to reopen starting June 1 and is expected to allow more non-essential stores to resume operations starting from June 15. Despite this, some stores choose to continue remaining shut over worries about weak demand, while others have opted for online operations in the wake of the coronavirus crisis.

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ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.