Black Friday news and archive

Black Friday delivery delays expected amid 30,000 retail vacancies

UK retailers face potential operational challenges this peak shopping season, with nearly 30,000 postal and delivery driver vacancies threatening to disrupt online sales expectations. The Esendex 'Delivery Delays' Report reveals a critical workforce shortfall across logistics sectors, with England experiencing the highest risk, registering 43.7...

BusinessFeatured

Study: 'Doing nothing on Black Friday is better than having the wrong strategy'

While some brands, such as bag manufacturer Freitag, are stopping Black Friday sales altogether and others are luring in customers with big discounts, a large proportion of retailers are somewhere between these two extremes. The majority of consumers (85 percent) plan to take part in Black Friday and expect discounts of at least 30 to 50...

Fashion |In Pictures

Lucy & Yak launches charity collection to challenge Black Friday

Independent socially and environmentally conscious lifestyle brand Lucy & Yak is launching a limited-edition collection with long-time charity partner Fior Di Loto Foundation as part of its ongoing effort to challenge Black Friday. From November 25, the brand will offer a six-piece collection, including dungarees, trousers, tees, and bags,...

RetailFeatured

Latest insolvency data masks mounting pressures on UK retail sector

The apparent stability in UK retail insolvencies masks a potential crisis for the sector, as rising labour costs and endemic shoplifting threaten to push more fashion retailers towards restructuring in early 2025, industry experts warn. Data released today shows retail trade insolvencies remained virtually unchanged, with 2,089 businesses...

Retail

Black Friday: Fashion and clothing retailers expected to see the largest uplift in sales

Fashion retailers are set to capture a significant digital market share this Black Friday, with new research revealing a projected 123 percent surge in web traffic, outpacing all other retail sectors. A comprehensive analysis by digital PR agency Tank highlights the competitive digital landscape, where search visibility could determine...

Retail

Retailers brace for boom in Black Friday spending

With just weeks to go until the start of the crucial Christmas shopping period, retailers are preparing for a Black Friday bonanza as consumers look to get ahead on their seasonal purchases. New data from industry analysts GlobalData and Vouchercodes.co.uk forecasts that UK shoppers will spend 9.14bn pounds over the four-day Black Friday weekend...

Business

Adobe anticipates 'record' mobile and Cyber Monday sales this US shopping season

Adobe has said that it is expecting US online sales to reach 240.8 billion dollars over the upcoming holiday shopping season, spanning November 1 and December 31, which would represent a 8.4 percent growth year-over-year. Shopping on mobile devices, meanwhile, is anticipated to hit a new milestone, contributing a record 128.1 billion dollars and...

Retail

UK shoppers keener on Black Friday than those in US

Distil.ai, a business intelligence platform for ecommerce businesses, has analysed Black Friday/Cyber Monday (BFCM) data for the UK and US markets, shedding light on customer shopping habits. The data, drawn from a sample of over 40,000 online orders, offers insights into online shopping behaviors during the BFCM weekend. In the UK, shoppers...

Retail

Record-breaking Black Friday, Cyber Monday sales with Shopify merchants reaching 9.3 billion dollars

Shopify has reported a record-breaking Black Friday, Cyber Monday weekend, with global sales reaching 9.3 billion dollars from independent businesses worldwide - a 24 percent surge compared to 2022. London emerged as one of the top three highest-selling cities globally for Shopify merchants during this period. In the UK, in-store spending saw a...

Fashion |ANALYSIS

Black Friday: AUAS experts on why we feel the compulsion to consume

The 2023 edition of Black Friday, the day of massive overconsumption, is already behind us, but consumers who held back on Friday still have time to spend an extravagant amount of money by midnight today, a 24-hour-phenomenon known as Cyber Monday. Experts at Amsterdam University of Applied Sciences give advice on how to lose our urge to buy...

Retail

Shopify vendors set new Black Friday record, taking 4.1 billion in sales

Shopify merchants have set an unprecedented Black Friday record, collectively generating an impressive 4.1 billion dollars in sales, marking a substantial 22 percent increase over the previous year. The shopping frenzy peaked at 12:01 p.m. EST on Friday, with a staggering 4.2 million dollars in sales per minute. Harley Finkelstein, President of...

Retail

Black Friday 2023 marks record online spending in the UK

In the UK, Black Friday emerged as the most significant online shopping day of 2023 so far, with consumers spending 1.04 billion pounds online, marking a 4.1 percent year-over-year increase. Adobe Analytics, employed by many major retailers to enhance online shopping experiences, was used by the Adobe Digital Insights team to analyse millions of...