Analysis based on transaction data from over 4 million UK cardholders revealed an increase in online Christmas shopping, with a predicted £28 billion additional spend this festive period.
The research highlights a significant trend toward sustainable shopping among UK consumers, with second-hand marketplace sales climbing by 21%, indicating a shift in gifting preferences.
Sales from second-hand retailers are expected to generate £363 million in the Golden Quarter, driven largely by older demographics embracing sustainable gifting options.
The rise of social commerce has been notable as consumers spending through social platforms has surged by 32% year-on-year, indicating a strong new retail channel.
Collection
[
|
...
]