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Brits expected to spend £1.9 billion as Black Friday kicks off the first major weekend of Christmas shopping

Black Friday: o £721m forecast to be spent online on Visa cards, peaking between 18:00 and 19:00 (the commuter hour) – spend up 17% on 2014 and 61% on 2013 o £1.19bn forecast to be spent face to face on Visa cards, peaking between 13:00 and 14:00 – spend up only 4% on 2014 but 20% on 2013 Cyber Monday: o £629m to be spent online – spend up 17% on 2014 and 45% on 2013

Visa Europe’s Future of Retail research

Research by Stylus, shows the UK ranks 2nd in readiness to integrate new technology and meet demand from tomorrow’s shoppers across Europe. To derive the score, the research first looked at the key consumer trends that are re-shaping the retail sector, such as: • Omni-channel shopping • The growing significance of social media in the shopping cycle • The importance of mobile technology