Compared to sales that took place in the preceding eight weeks, retail sales during Black Friday grew by varying degrees in the United Kingdom in 2020. On Black Friday, the highest increase was observed in the apparel and accessories category, with a sales increase of 378 percent. Cyber Monday, which immediately follows holiday season’s most anticipated retail event, led to increased activity as well.
UK: where the biggest Black Friday happens
In Europe, Black Friday stimulates the highest sales in the United Kingdom. In 2020, the total value of sales during Black Friday and Cyber Monday amounted to 7.5 billion British pounds. Online purchases made up the majority of the projected value of Black Friday and Cyber Weekend sales in the UK.
Black Friday 2021: what are UK consumers buying?
In 2021, consumers in the older age brackets were preparing to allocate higher budgets for their Black Friday purchases, over 300 British pounds each. In comparison, Gen Z and millennials were not planning to splash their money on Black Friday purchases. London was projected to be the region where consumers were intending to spend the highest amount during this retail event.
Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category
The source adds the following note regarding methodology used in the calculation of the data: "All values compared to September 1-28 of the same year. November 27, 2020 & November 30, 2020."
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Criteo. (August 31, 2021). Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/
Criteo. "Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category." Chart. August 31, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/
Criteo. (2021). Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/
Criteo. "Percentage Change in Retail Sales Made during Black Friday and Cyber Monday in The United Kingdom (Uk) in 2020, by Product Category." Statista, Statista Inc., 31 Aug 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/
Criteo, Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/ (last visited November 10, 2024)
Percentage change in retail sales made during Black Friday and Cyber Monday in the United Kingdom (UK) in 2020, by product category [Graph], Criteo, August 31, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1059620/retail-sales-growth-on-black-friday-and-cyber-monday-in-the-uk/
