RETAIL EYE - TRENDS IN RETAIL AND POS

Every month we capture what is happening in retail – understanding key themes and trends for POS.  This snapshot guide helps to bring the high street to your desk monthly.

FOOTFALL

Total UK footfall decreased by 4.5% in November year on year (YoY), down from -1.1% in October.  The later timing of Black Friday in 2024 means it does not fall into this month’s figures, but is included in last year’s comparable, having a negative effect on the YOY decline.*

BLACK FRIDAY

Black Friday spending in the UK is set to reach £7.1 billion - up 37% from last year's £5.2 billion and 17% on a per head basis.** Men are expected to boost their spending by more than 25% compared with last year; they plan to spend 50% more than women, much of which will be spent on tech products.**

CHRISTMAS

Christmas campaigns were in full swing through November to tempt shoppers to begin stocking up early. This edition covers the grocers and health and beauty retailers, with the high street to follow later in the month.

If you are a brand or retailer and would like a full copy of the report, then please contact us at info@teamfero.com

*BRC-Sensormatic Covering the four weeks 27 October 2024 – 23 November 2024

**PWC