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High Street shops face “catastrophic” Christmas, warns data firm

Swansea, UK: June 19, 2016: Front window of a department store that is closing down. British Home Stores is a British department store chain with branches mainly located in high street locations or shopping centres.

High Street businesses are heading for a “catastrophic” Christmas, warns a data analyst.

Covid-19 threatens to all but wipe-out spending in shops.

Even Marks & Spencer is expected to record its first loss in its 94-year-old history.


The ubiquitous company managed to make a profit during WWII.

City analysts think the company will report a £59 million pre-tax loss for the six months to September.

The poor results come as data firm Springboard predicts actual visits to a High Street shop will fall by more than 87% over the festive period.

And shopping in all outlets is expected to fall by 62%.

The figures were released before the Government announced a national lockdown starting Thursday.

Experts believe footfall numbers could drop even further.









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