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Black Friday footfall drops

Footfall on Black Friday dropped 5.4% compared to 2017, but online sales had skyrocketed 46% year on year by 4pm, Springboard reports.

There was similiarly lower footfall over the weekend as shoppers avoided the crush. Saturday’s figures were down 5.6% on 2017 and Sunday’s down 4.3%.

Shopping centres experienced the biggest decrease on Black Friday itself, down 8.3% on 2017. Footfall on the high street dropped 4%.

Diane Wehrle, insights director at Springboard, said: “The drop in footfall to bricks-and-mortar stores over the Black Friday weekend is a reflection of the larger discounts offered online. Online is open for business 24 hours a day and is therefore seen as a more convenient option for shoppers.

“Throughout the weekend, the drop in footfall was most dramatic in shopping centres. The stronger resilience of high streets and retail parks in comparison is likely to be a function of their wider range of hospitality outlets compared with shopping centres. This illustrates that many shoppers regard Black Friday weekend as an opportunity for a day out with friends or family, which is likely to include a stop for coffee or lunch during their trip.

“Discounts continue on Cyber Monday. However, given that Black Friday discounts were made available throughout the week in advance of the day itself, and have continued over the weekend, it is likely that the impetus to make purchases will largely be over.”

 

Readers' comments (1)

  • Part of the reason footfall has declined year on year is due to pay day movement , you’d think retailers would perhaps be more aware of this

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