VoucherCodes news and archive

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

Black Friday weekend expected to draw in 8.74 billion pounds

UK shoppers have been forecast to spend a massive 8.74 billion pounds over the course of Black Friday weekend, according to a new report by VoucherCodes. The discount platform said that this marginal 0.4 percent rise in sales, as compared to the previous year, comes despite the rising pressure caused by the ongoing cost-of-living crisis in the...

Fashion

Two-thirds of Brits intending to use clothing rental companies during holiday season

A survey by VoucherCodes has found that two thirds of British people are intending to use clothing rental companies during the party season. The survey also saw 33 percent of shoppers say that it helped to keep the feelings of guilt over fast fashion at bay, making sustainability the leading factor as to why customers are turning towards rental...

RetailFeatured

London Christmas shopping to top 15 billion pounds

A record 85 billion pounds is forecast to spent in the run-up to Christmas, with London retailers expected to see the largest spend of 15.5 billion pounds. The average Londoner spends 1,745 pounds preparing for Christmas, the highest in the UK compared to the national average of 1,275 pounds. Figures from VoucherCodes annual Christmas report...

Retail

Christmas spending set to hit 84 billion pounds

According to VoucherCodes’ annual Shopping For Christmas report, Christmas spending is set to hit 84.7 billion pounds. The report analyses consumer spending habits over the six weeks leading up to Christmas. The report also found that due to restrictions being lifted in the UK, 66 percent of UK consumers surveyed said that they want this...