New Survey Reveals Half of Brits to rely on Black Friday for Festive Gift Purchases [Yahoo! Finance]
GXO Logistics, Inc. (GXO)
Company Research
Source: Yahoo! Finance
1 in 8 shoppers plan to buy the majority of Christmas shopping in Black Friday sales LONDON, U.K., Nov. 21, 2024 (GLOBE NEWSWIRE) -- A new survey of UK consumers commissioned by GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, has revealed that 54% of Brits who plan to shop for Christmas presents this year will use special deal days like Black Friday and Cyber Monday to purchase their gifts. The survey, which explored the shopping habits of UK consumers in the run up to Christmas, found that this year on average British consumers plan to spend £352 on their Christmas shopping and that Black Friday is firmly at the forefront of consumers' minds when purchasing Christmas presents. The results also highlight that there are notable differences in shopping patterns across demographic groups, and this valuable insight can enable retailers to tailor deals, promotions and logistics to maximise these different shopping behaviours. “Insight into
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News
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GXO
Earnings
- 11/4/24 - In-Line
GXO
Sec Filings
- 12/4/24 - Form 8-K
- 11/14/24 - Form SC
- 11/5/24 - Form 10-Q
- GXO's page on the SEC website