Black Friday Fails to Deliver November Boost

5th December 2017.

Black Friday failed to deliver a much-needed uplift for the high street last month as non-food retailers such as fashion stores struggled, new figures show.

Monthly data from the British Retail Consortium (BRC) and KPMG showed  sales across the sector rose by a “meagre” 0.6% in November compared to the same period last year.

This growth was almost entirely thanks to food retail, with consumers resisting purchases of non-food items, unless there was a significant bargain or promotion.

According to the report, it was the week leading up to Black Friday that performed strongest, with sales reaching 40 per cent higher than other weeks.  It was also the biggest week ever for non-food products online.

BRC chief executive Helen Dickinson said the discounting event had “failed to fundamentally shift underlying trends in spending”.

Dickinson acknowledges that recent economic difficulty has made consumers more cautious with their spending, only making purchases where they see an “exceptional” bargain.

“That heralds a challenging festive period ahead for retailers and shoppers alike”, she warns.

The BRC report is the latest sign of the tough conditions facing retailers as consumers are squeezed by higher inflation, largely caused by the collapse in the pound since the Brexit vote.

 The Credit Protection Association is a credit management company established in 1914. If you supply goods or services on credit then we can help you!

See all our latest news here!

Keep up to date with the latest news by following us on social media:-

CPA on Linkedin

CPA on facebook

CPA on twitter

Watch the video to find out how CPA can help you!

How to overcome 25 of the most common excuses for non-payment

Click the image to discover step by step advice on how to deal with them!






Discover how to improve your cashflow in 3 steps.

Click the image to find our answer to the question “How can you get paid on time?”





Read our blog – Debt collection agency

Read our Cash Flow Advice

Read about our overdue account recovery service

Read our blog – What is credit management?

Read our blog -What is a credit management company?

Read our blog -Credit Management that works!

Read our blog – How to select a debt collection agency

click to see read about our successes

Please call us on 0330 053 9263 to discuss how CPA can help your cashflow. Alternatively, either email us or use our contact form.

I consent to supplying my personal information that may be used for marketing purposes and agree with the privacy policy.