SRC: Black Friday boosts Scottish retail sales
Sales rose during Black Friday week as Scottish shoppers embraced deals both online and in-store, providing a much-needed boost to retailers.
The Scottish Retail Consortium (SRC) has published data on shopping patterns on the Black Friday week (Sunday to Saturday sales figures) compared to the equivalent week the previous year (there was a 5 day difference in calendar dates).
This also includes YOY Footfall for Black Friday and Cyber Monday weekend, from 29 November to 2 December.
The research found:
- Scotland Non-Food sales increased by 7.5% YoY; Online Adjusted, this was 10.7%
- The UK online penetration rate (the proportion of Non-Food items bought online) was 45.5% in Black Friday Week, similar to last year’s 45.4%. This is about 10 percentage points higher than the average non-Black Friday week
- UK Footfall was up 4.8% on Black Friday and 10.6% on Cyber Monday, year on year, and up 4.1% for the 4-day period
Ewan MacDonald-Russell, deputy head of SRC, said: “Scotland’s shoppers took advantage of promotions and offers both in person and online as the Black Friday weekend finally kicked off Christmas trading.
“Retail Parks and Shopping Centres saw the biggest surge of customers over the Black Friday weekend, with overall footfall rising 4.8% on Black Friday week as compared to the previous year. The increased traffic helped retailers to a much-needed Black Friday boost, with sales up 10.7% for non-food for the week, helped by its closer proximity to Christmas this year.”
He continued: “Black Friday remains an omnichannel event, but online growth still showed the biggest gains in the final week, with computing, fashion, and beauty among the most popular categories.
“After this strong start retailers will be hoping customers continue to come out to the shops over the coming weeks to make this a Christmas to remember after a disappointing year for retail trading.”
Linda Ellett, UK head of consumer, retail & leisure at KPMG, added: “Retailers will be relieved that consumers were holding back their November buying for Black Friday week promotions, rectifying the disappointing retail sales levels seen during the rest of the month. Black Friday week saw growth of over 6% on last year.
“With Christmas in sight, retailers are hoping that the gift buying isn’t done yet and will be keeping a close eye on their data as they target their festive promotions and Boxing Day sales to capture consumer attention once again.”
Andy Sumpter, Sensormatic Solutions EMEA retail consultant, said: “Motivated by the prospect of widespread discounting, shoppers acted fast and decisively, heading into stores to pick-up bargains.
“The timing of Black Friday is likely to have helped boost footfall performance. Taking place a week later than in 2023, Black Friday landed on or just after payday for many consumers this year. This, as well as the discounting event coinciding with the start of Advent, will have helped retailers gain early share of spend, as shoppers sought out Black Friday deals and picked up discounted Christmas gifts.
“After a shaky start to the Golden Quarter earlier in October and the start of November, retailers will have welcomed the boost to store traffic Black Friday delivered. With several of busiest in-store shopping days still to come in December, many will be hoping this run of positive footfall performance continues as they look to capitalise on critical Christmas trade.”