Christmas sales to soar by £2.3bn this year, says Verdict

The 2.6 per cent increase during the fourth quarter will take sales up to £90.7 billion over the holiday season, with general merchandise accounting for £53.6 billion of the total.
Author:
Publish date:
Social count:
0
christmasparent.jpg

Retailers will be treated to a £2.3 billion year on year sales increase this Christmas, according to a study conducted by Verdict.

The 2.6 per cent increase during the fourth quarter will take sales up to £90.7 billion over the holiday season, with general merchandise accounting for £53.6 billion of the total.

The same study also forecasts that online shopping will take £13 billion as consumers opt for the convenience of digital shopping.

Meanwhile, Click and Collect will also be key this season as Verdict predicts the platform to account for 12 per cent of total online spend at £1.6 billion.

The Verdict report concludes stating that the big four retailers are likely to ‘have a better Christmas than the torrid time they had last year because of their strengthening online offers.’

Related

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Liberty

UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.