Black Friday

High street footfall sees drop

High street footfall fell for the third consecutive month, according to the British Retail Consortium. There was a 0.7 percent fall which is a further drop on the 0.4 percent fall in October. Footfall in November was one percent down on a year ago and footfall in retail park locations…

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UK predicted to spend £6.77bn online over Black Friday period

The UK will spend £1.27bn with web-based retailers on Black Friday, says online retail association IMRG. IMRG forecasts total online expenditure of £6.77bn over the Black Friday peak period from Monday 21 to Monday 28 November 2016. The figures are based on UK online retail sales data from IMRG and…

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Black Friday shoppers favoured online sales

Shoppers favoured online flash sales throughout 2015’s Black Friday weekend. The high street failed to draw a crowd, with retail analyst company Springboard noting a 9.6 percent year-over-year drop in footfall from November 27-29. Customers turned their attention to the web. PCA Predict reported a 12 percent increase in online traffic over the weekend. Retail parks were the only…

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Black Friday: Super sales or giant flop?

Last year, bumper discount day, Black Friday, raised 810 million for retailers in the UK. This US retail import traditionally takes place the day after Thanksgiving (for those of us who aren’t American, that’s November 27th). In 2014, a number of major UK retailers, including supermarkets and department stores, took part in the sales event.…

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39 Percent Rise in Volume of Goods Sold

The volume of goods sold throughout the retail sector grew by 39% in January compared with the same period in 2014, according to the latest data from the Confederation of British Industry (CBI). The CBI’s Distributive Trades Survey, which polled 127 UK retailers, found that volumes grew faster than expected,…

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