King Charles III will be crowned May 6 in a ceremony at Westminster Abbey, kicking off a weekend of celebrations to welcome the new monarch. Brits have been given an extra day off to celebrate—and if previous royal events are any indication, the first British coronation in 70 years could inspire a welcome boost to retail sales.
Key Question: What impact will coronation celebrations have on UK retail sales?
KEY STAT: Almost half of UK adults (49.4%) plan to socialize at home during the coronation weekend, while 23.8% plan to shop online and 21.0% in-person.
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