VoucherCodes news and archive

Panic Weekend set to inject over 3 billion pounds into UK retail as shoppers leave Christmas buying to the wire

After a subdued build-up to Christmas, the UK retail sector is bracing for a sharp late surge. Panic Weekend, taking place on 20–21 December, is forecast to deliver 3.43 billion pounds in sales, up 12.8 percent year-on-year, as consumers delay festive purchases until the final possible moment. According to the latest Shopping for Christmas...

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Retail

Cyber Monday: UK shoppers to spend a 3.33 billion pounds online

The annual Cyber Monday shopping event reveals a change in consumer behaviour in 2024, with total spending expected to reach 3.33 billion pounds, demonstrating remarkable economic resilience despite marginal year-on-year fluctuations. According to VoucherCodes.co.uk's comprehensive "Shopping for Christmas 2024" report, consumer expenditure...

Retail

Retailers brace for boom in Black Friday spending

With just weeks to go until the start of the crucial Christmas shopping period, retailers are preparing for a Black Friday bonanza as consumers look to get ahead on their seasonal purchases. New data from industry analysts GlobalData and Vouchercodes.co.uk forecasts that UK shoppers will spend 9.14bn pounds over the four-day Black Friday weekend...

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Business

Black Friday weekend expected to draw in 8.74 billion pounds

UK shoppers have been forecast to spend a massive 8.74 billion pounds over the course of Black Friday weekend, according to a new report by VoucherCodes. The discount platform said that this marginal 0.4 percent rise in sales, as compared to the previous year, comes despite the rising pressure caused by the ongoing cost-of-living crisis in the...

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Retail

Christmas shoppers to spend 2.75 billion pounds during ‘panic weekend’

The final shopping weekend before Christmas, dubbed ‘panic weekend,’ will see 36 million UK consumers shopping for last-minute presents, with 22 million people expected to visit stores despite Omicron cases rising. According to VoucherCodes third ‘Shopping for Christmas’ report, carried out by GlobalData, British consumers will splurge 2.75...

Fashion

Two-thirds of Brits intending to use clothing rental companies during holiday season

A survey by VoucherCodes has found that two thirds of British people are intending to use clothing rental companies during the party season. The survey also saw 33 percent of shoppers say that it helped to keep the feelings of guilt over fast fashion at bay, making sustainability the leading factor as to why customers are turning towards rental...

Featured

Retail

London Christmas shopping to top 15 billion pounds

A record 85 billion pounds is forecast to spent in the run-up to Christmas, with London retailers expected to see the largest spend of 15.5 billion pounds. The average Londoner spends 1,745 pounds preparing for Christmas, the highest in the UK compared to the national average of 1,275 pounds. Figures from VoucherCodes annual Christmas report...

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Retail

Christmas spending set to hit 84 billion pounds

According to VoucherCodes’ annual Shopping For Christmas report, Christmas spending is set to hit 84.7 billion pounds. The report analyses consumer spending habits over the six weeks leading up to Christmas. The report also found that due to restrictions being lifted in the UK, 66 percent of UK consumers surveyed said that they want this...

Retail

Retailers missing out on billions by not embracing mobile

UK retailers are missing out on 6.6 billion pounds of sales per year, due to a lack of investment in their mobile offering, according to new findings into mobile spending from the Centre for Retail Research (CRR). Despite mobile sales being on the increase, the report reveals that mobile share of online sales almost doubled from 2013 to 2014,...