Black Friday sales have been a disappointment – but sales during the week were up.
According to figures compiled by the monitoring company AWP, this Black Friday generated 5% fewer sales than last year.
But sales across the week show a different story with revenues up 10% on the same period last year.
However, while consumer electronic sales were strong – sales in home furnishings and fashion were lower, although online searches were up.
The director of the platform blackfriday.ch, Jérôme Amoudruz, says it’s clear purchasing power is declining. There’s a difference of 20% between intentions and reality.
Swiss rail head under guard
How did Switzerland strike US deal
Health insurance premiums drive debt
Zurich Christmas Market backtracks on cash
Federal move to allow Sunday openings
International interest in fondue championship
