Barclaycard news and archive

July heatwave boosts sales of fashion and beauty

Record high temperatures in the UK in July led to an increase of sales in summer fashion and beauty products, new data shows. Overall consumer card spending grew 7.7 percent in July compared to the same period in 2021, and 1.6 percent compared to June 2022, according to new data from Barclays. Shoppers were spending more on fashion, beauty, and...

RetailFeatured

UK spending falls in April, but fashion shines as demand for occasionwear returns

Consumers in the UK cut down on their spending last month as the cost of living rose, but fashion continued to outperform other categories as Brits geared up for summer social events, new data shows. Overall sales dropped by 0.3 percent year-over-year in April, the first decline in the past 15 months, according to the latest BRC-KPMG retail...

RetailFeatured

Consumer spending improves in May as Brits buy post-lockdown clothing

Consumer spending in the UK increased by 7.6 percent in May compared to the same period in 2019 as shoppers headed back to physical stores following the further easing of lockdown restrictions, new data reveals. Even record rain in May wasn’t enough to deter consumers from returning to stores, with overall spending on non-essential items up 5.8...

Retail

Barclaycard reports drop in Black Friday spending compared to last year

Barclaycard Payments has reported a 13.6 percent decrease in the volume of payments as of 12:00 on Black Friday, compared to the same day in 2019. There has been a decrease in the overall transaction value of 7.3 percent compared to 2019 and a 30.5 percent increase in e-commerce transactions compared to last year, according to Barclaycard...

Retail

UK clothing spend up 4.2 percent in September

Barclaycard has shared new data that reveals consumer spending in September has risen since August, with clothing seeing a “significant” increase of 4.2 percent. This growth could be due to consumers investing in their winter wardrobe and parents preparing their children for the return of school, the report suggests. August’s clothing figure of...

Retail

Consumer spend grew by 0.2 percent in August

Data from Barclaycard, which sees nearly half of the UK’s credit and debit card transactions, has revealed that consumer spending has grown by 0.2 percent year-on-year in August. Spending on essential items has grown by 5.1 percent year-on-year, due to the supermarket shopping increase of 14.9 percent and spending on non-essential items only...

Retail

Consumer spend shows signs of recovery in June

Consumer spend has shown signs of recovery in June, with month-on-month figures showing an uplift as shoppers cautiously returned to physical stores. Spending was still down 14.5 percent year-on-year last month, but that was the smallest decline since lockdown began back in March, according to the latest data from Barclaycard. Spending on...

RetailFeatured

Brits leave 228 million pounds worth of click-and-collect goods unclaimed

British shoppers left 228 million pounds worth of click-and-collect items unclaimed last year, according to new research. While nine in ten retailers say click-and-collect is the fastest growing delivery option, one in seven shoppers admit to clicking but not collecting their parcels, research from Barclaycard - which processes nearly half of...

Business

Barclaycard partners with Alipay

Barclaycard has signed a new agreement that will enable UK retailers to accept Alipay payments in-store, to help retailer’s capitalise and increase sales from Chinese tourists. The move builds on a successful pilot over the past two years, stated Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, and will...

Retail

Brits rein in fashion spend as Brexit looms

Fashion spend in the UK fell sharply in February, with shoppers spending 5.2 percent less on clothing and their average transactions dropping by 1.3 percent, according to new data from Barclaycard. Spend on family clothing dropped by 6.8 percent, spend on footwear was down by 4.1 percent and menswear dropped 2.5 percent. Womenswear offered...

RetailFeatured

UK clothing spend suffers dip in January

Consumer spending was up 2.9 percent year-on-year in January after a slow December, but that didn’t help the clothing industry which, along with department stores, saw expenditure decline for the fourth consecutive month. Data from Barclaycard showed that essential spending climbed to 6.4 percent, the highest level for five months, fuelled by...

Retail

UK shoppers avoid high street during hot weather, but update summer wardrobes

UK shoppers have taken to the outdoors in July, soaking up the season’s hot weather. While high street foot flow fell 0.8 percent and shopping malls 3.4 percent there was still a margin of growth of 0.3 percent. Helen Dickinson OBE, Chief Executive British Retail Consortium said in a press release: “The hot, dry weather in July turned consumers’...