2019-05-01 REPIC Batteries header 468×80 industry news

Industry News

Published on November 20th, 2018 | by The GC Team


UK appetite for Black Friday “wavering”

Retail intelligence firm Springboard today said that Black Friday and the weekend that follows will do very little to help “the beleaguered high street”.

Footfall is anticipated to drop by 3.7% against Black Friday 2017 and by 2.7% over the weekend as a whole.

On Black Friday last year, footfall declined 3.6%, and 1.1% over weekend, compared to the previous year, revealing, said Springboard, “the UK’s appetite for this pre-Christmas spending spree may be wavering.”

“Whatever happens on Black Friday,” said Diane Wehrle, Marketing & Insights Director at Springboard, “our data over the past few years has established that it brings Christmas spending forward.

“This creates a magnet of spending activity at the beginning the peak trading period which then suppresses spending until the final week before Christmas, when consumers take advantage of last-minute deals that are likely to be introduced by retailers to drive sales in what is a highly challenging trading climate.” 

Tags: ,

About the Author

Get Connected is the top trade journal for the UK electricals industry. Its website is the fastest, most interesting and up to date in the business.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

two + eighteen =

Back to Top ↑

By clicking "Subscribe", you agree with our terms:
Mud Hut Publishing Ltd will use the information you provide on this form to be in touch with you with relevant news and content. You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at info@gcmagazine.co.uk. We will treat your information with respect. For more information please view our privacy policy.
Stay connected with GC’s regular news updates...