Flintfox research reveals concerns over sales volume and margins during Black Friday promotions

  • Over half of UK retailers are concerned about their businesses’ financial performance during peak season
  • Three in five (62%) plan to run Black Friday promotions but expect lower sales or margins
  • Only 15% will offer bigger discounts than previous years compared to 85% of Australian and 54% of US retailers
  • 76% are worried about consumers spending less, while 52% are concerned about disrupted supply chains
  • Inventory challenges and surplus stock worry 16% and 23% respectively
  • Sales pricing is more complex this year, with 29% unsure of promotion strategies for Black Friday

New research from Flintfox shows that UK retailers are worried about their financial performance during the peak season due to inflationary pressures and rising cost of living. Despite 62% planning Black Friday promotions, half expect lower sales (49%) or margins (53%). Only 15% will offer bigger discounts compared to Australia’s 85% and US’s 54%. Concerns include consumers spending less (76%), disrupted supply chains (52%), inventory challenges (23%), and surplus stock (16%). Sales pricing is more complex, with 29% undecided on Black Friday strategies.

Factuality Level: 8
Factuality Justification: The article provides relevant information about UK retailers’ concerns regarding financial performance during peak season, inflationary pressures, and their approach to Black Friday promotions. It includes statistics from the research conducted by Flintfox and quotes from John Moss, CEO of Flintfox, which adds credibility to the information presented. The article is focused on the main topic without any digressions or unnecessary details.
Noise Level: 3
Noise Justification: The article provides relevant information about retailers’ concerns regarding financial performance during peak season due to inflationary pressures and supply chain disruptions. It also includes insights from the CEO of Flintfox on pricing strategies. However, it could benefit from more in-depth analysis or data on the impact of these factors on different industries or regions.
Financial Relevance: Yes
Financial Markets Impacted: UK retailers
Financial Rating Justification: The article discusses concerns about financial performance, sales volume, margins, and pricing strategies for UK retailers during the peak season due to inflationary pressures and rising cost of living. It also mentions Black Friday promotions and their impact on businesses’ profits.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.

Reported publicly: www.retailsector.co.uk