High street spending in the UK has always been closely linked to the calendar. While economic pressures such as the cost-of-living crisis influence how much consumers spend, when they spend continues to follow clear seasonal patterns. But the results may be surprising – just because summer may come with an increased footfall on the high street, it doesn’t necessarily mean that people are spending more.
Understanding how spending rises and falls throughout the year can help retailers, hospitality businesses and service providers plan - from managing stock and staffing levels to keeping cash flow on track.