City of Madrid significantly boosted the takings of its shops and restaurants last Christmas by banning cars from the CBD, finds an analysis by Spain's second largest bank.
Twenty million anonymized transactions … led to a 9.5% increase in retail
I wish they put a number to that stat. Because even if we’re talking about an extra dollar of spending, we’re talking millions of dollars (euros), which is significant.
Retail stores everywhere should really force their local government to make street closures to car traffic a reality if they want to boost sales and keep online shopping from destroying their revenue.
I wish they put a number to that stat. Because even if we’re talking about an extra dollar of spending, we’re talking millions of dollars (euros), which is significant.
Retail stores everywhere should really force their local government to make street closures to car traffic a reality if they want to boost sales and keep online shopping from destroying their revenue.