Black Friday will see Britons going on a £2.6BN shopping spree and spending £1.8M a minute, a new study shows. Spending on the day will rise 8% and over Black Friday week, it should rise 4% to £10.1bn.
Outlet centre giant McArthurGlen saw sales rising fast in the last year as tourists from outside of Europe and price-conscious locals bought into its offer while higher-end new brands signed up to its malls
London’s West End has continued to see major brand investment this year despite the volatile UK economy and shaky footfall in the Greater London area generally. 2017 store debuts have already beaten last year's total.
When it comes to the annual holiday shopping, Dutch consumers are three times more likely to shop at physical stores than other Europeans, with nostalgia an important factor, according to a survey by Deloitte.