As online retail within the UK is predicted to continue to
grow albeit faced with the challenges on retail logistics, spending
on clothing and food online helped to boost UK retail
sales growth of 2.2 percent over the December festive period, according to Mastercard
SpendingPulse.
Among the big winners were clothing sales which increased
by 13.7 percent year-on-year, however, luxury goods and jewellery were down by
3.4 percent and 5.6 percent, respectively on 2016.
Mastercard also revealed Christmas trading was tough with weaker
footfall in the Boxing Day sales, largely due to holiday
discounting that started earlier around Black Friday, which impacted the
year-on-year results.
According to Scott Abrahams, senior vice president of
business development at Mastercard UK and Ireland, there was a mixed
performance among retailers although those British retailers with a strong online
presence showed optimistic results.
“When looking at the year as a whole, 2017 saw retail sales
increase 4 percent. Although Christmas trading was tough and showed a mixed
performance among retailers, these results do show that there some areas of
optimism for British retailers, particularly those with a strong online
presence.”
Meanwhile Westfield, owned by Europe’s largest shopping mall operators, has revealed an increase of visitors over the Christmas period in 2017, registering 14.1 million shoppers at Westfield London and Westfield Stratford City, with an overall year-on-year 1% increase.
Westfield 's shopping malls experienced three peak trading periods in November
and December, notably the Black Friday weekend that saw 850,000 visitors, the
‘Super Weekend’ (the last weekend before Christmas) with more than 800,000
visitors bringing the pre-Christmas week trade to 1.85m and the Boxing Day
sales period with more than 320,000 visitors.
Myf Ryan, Chief Marketing Officer, Westfield UK and Europe, said
by offering a mix of retail, dining, events, leisure and entertainment, Westfield
had lured visitors away from the comfort of their home to their shopping malls.
Over the Christmas period, we offered many unique and immersive experiences to our customers. With over 70 million visitors coming to the centres each year, we are looking forward to creating even more exciting experiences and activities for our customers to enjoy in 2018,” says Ryan.
Festive events created and hosted by
Westfield included having pop star Gwen Stefani to switch on the Westfield
London Christmas lights with a special festive performance and a “first to the
UK ground-breaking technology” Star Wars: Secrets of the Empire hyper reality
experience.
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