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November 25, 2024
With Black Friday looming on the finish of this week, and November’s salaries hitting client financial institution accounts on the identical day, hopes are excessive that will probably be a bumper season, particularly after October retail gross sales proved to be disappointing within the UK.
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And that will not simply be wishful pondering with knowledge specialist CACI developing with some fascinating numbers to help the view. But there are nonetheless some caveats that recommend no one can afford to relaxation on their laurels.
CACI has dubbed this Friday ‘Super Pay Day’ as an extra 43% of the inhabitants can have been paid their month-to-month wage by this level in contrast with Black Friday final 12 months. Black Friday 2023 was on 26 November in comparison with 29 November this time. The importance of such a date shift can’t be ignored by way of the general success of Black Friday (and Cyber Monday), regardless of the age of BNPL making it simpler to afford gadgets if buyers don’t have the the total buy quantity out there.
