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Online Sales Boost UK Black Friday As Retail Stores Languish

Published on Nov 28 2017 8:00 AM in Retail tagged: Trending Posts / UK Retail / Black Friday

Online Sales Boost UK Black Friday As Retail Stores Languish

Black Friday is making headway with bargain-hunting UK consumers, but their £3 billion pounds in spending is doing nothing to help Britain’s troubled retail centres.

Sales on the day of discounting - a pre-Christmas concept imported a few years ago from the US - rose about 7%, according to Barclaycard, which processes nearly half of all card transactions in the UK.

That suggests British consumers will still buy when the price suits them, even as Brexit fans inflation and cuts economic growth.

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