This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
UK consumers are expected to spend almost £5bn on black Friday this year, with half of this expected to be spent online. Experts share their Black Friday predictions.
Ben Whitaker, EMEA Director at B-Stock
“With Black Friday coming up, there is no denying that retailers can expect huge numbers of in-store and online sales, but it’s crucial that retailers also safeguard for the high levels of returns that Black Friday can bring. Discounted sales bring impulse buying to a new level, but it doesn’t take long for the returns habit to bed in.”
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…