THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Black Friday spending up 18% in 2014

New figures have revealed that consumers spent 18% more on Black Friday 2014 than they did on the same day in the previous year as they looked to get the best deals in the run-up to Christmas.

GENERAL MERCHANDISE

Black Friday spending up 18% in 2014

According to data from Barclaycard, which processes nearly half of all the UK’s debit and credit card transactions, Black Friday 2014 was the highest spending day on record as UK consumers spent £810 million in one day.

While spending rose significantly both online and in-store, online spending was 37.5% higher than Black Friday 2013. Furthermore, the level of spending was up so much that it shifted the proportion of total online spending so far this season by 4 percentage points to 25.8%.

Barclaycard’s figures show that many categories of retail saw spending increase by 50% or more on 2013, with even larger increases online. Online department store spend jumped by 144% compared to Black Friday 2013 with in-store spend up 44%. Online spending on clothing was 98% higher than the same time last year with in-store spend rising by 38%. Discount stores also saw a significant rise in sales, with spending up 46% online and 53% in-store.

Barclaycard found that electronics was one of the few categories where spending in-store grew more than it did online. Its figures reveal that consumers spent double the amount in-store this year compared to 57% more online.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing