storelocate.co.uk

UK shoppers to spend almost £8 billion over Black Friday weekend

27 November 2017 - Janet Bird

black-friday-2017-sales-thumb.jpg

UK shoppers are expected to have spent just under £8 billion in a record spending spree over the four day Black Friday weekend.

Data collated by the Centre for Retail Research and online voucher company VoucherCodes suggests consumers will have spent over seven percent more this year than in 2016 - a total of £7.8 billion.

More UK retailers than ever before have been taking part in the shopping extravaganza, with total online sales from Black Friday week anticipated to top £7 billion this year, up 164 percent on 2014's figures.

While the near riots that have marred Black Friday in previous years seem thankfully to be a thing of the past - with many retailers seeing a slow start to the biggest shopping day of the year - momentum picked up during the day. There were fewer shoppers on the high street, but Barclaycard, which processes more than half the UK's debit and credit card transactions, estimated Black Friday spending was up eight percent on the previous year.

And the weekend looked set to finish on a shopping high note, with the VoucherCodes report suggesting that, for the first time, so-called Cyber Monday will outstrip Black Friday as the biggest day for both on and offline spending in the year.

It is expected that 21. 5 million of us will hit the shops, either online or in person, spending 2.6 billion on Cyber Monday alone - an average of £121 per person.


Recent News

Vouchers, Deals & Discounts

Offers to your inbox

Subscribe for store deals and offers

We won't give your email address to anyone else

Sign up to StoreLocate.co.uk newsletters and receive deals and discounts straight to your inbox