Britons are primarily bargain-focused and that means events like Black Friday are here to stay, new research shows. But they still want an enjoyable experience and remain fond of physical stores for fashion and beauty.
Black Friday spending fell in the UK, according to one report, even though the number of items bought this year rose, suggesting consumers are bargain-focused and retailers might struggle to make a profit from the event.
Workers at Amazon logistic centres in Germany and Spain staged strikes on Friday, walking off the job on Black Friday, the discount spending spree that kicks-off the start of the crucial Christmas shopping season.
Luxury shoppers are using ‘cyber weekend’ to treat themselves to exclusives, including luxe watches and jewellery. They also want one-of-a-kind experiences, and are more influenced by Instagram posts than ever.
Visa and Mastercard have offered to trim the fees merchants pay on card payments by tourists in the European Union in an attempt to stave off possible fines after a long-running antitrust investigation.
With Black Friday, one of the most important shopping days of the year, only two days away, the e-commerce giant has exposed several customers’ names and e-mail addresses on its website due to a “technical error”.