Despite rising concerns over scams, Britons are expected to increase their spending by £4 billion during this years Black Friday weekend, reaching nearly £14 billion in total.
- A survey from Omnisend indicates that UK shoppers plan to spend an average of £299 during the Black Friday (shopping) weekend, driven by upcoming Christmas purchases.
- The anticipated £4 billion increase in spending reflects consumer confidence, even as concerns about poor deals and scams loom over the E-commerce landscape.
- As part of the holiday shopping season, spending during the Black Friday (shopping) event will set the stage for the subsequent Cyber Monday sales, further extending consumer expenditure.
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This surge in spending highlights the resilience of consumer behavior in the United Kingdom, even amid economic uncertainties. Understanding these trends is crucial for retailers and e-commerce platforms as they strategize for the festive shopping season.