Online sales on the other hand, will be taking a well-earned breather following the surge in online retail noted since Black Friday.
Paul Martin, UK Head of Retail at KPMG, said:
“With Christmas Eve falling on a Saturday this year, it well and truly deserves the name Super Saturday. The day could be make or break for many businesses, as the margin of error between success and failure has increasingly become thinner and thinner.
“Whether retailers will be celebrating or commiserating is yet to be seen, as a number of factors are at play – including the fickle weather which could either encourage or detract last minute bargain hunters from hitting the high street and shopping centres.
“Online sales on the other hand, will be taking a well-earned breather following the surge in online retail noted since Black Friday. However, with online retailers becoming ever-more ambitious in their delivery times, and in some cases delivering parcels and packages to front doors within a matter of hours, there is now a whole new meaning to the term Christmas dash. Even if Father Christmas does miss something off your wish list, a next day delivery is no more than a click away come Christmas Day.”
For media enquiries only, please contact:
Jess Liebmann, PR Manager, Tax, Economics & Retail
T: +44 (0)207 311 3245
M: +44 (0)7551 135778
Follow us on twitter: @kpmguk
KPMG Press Office:
T: +44 (0)207 694 8773
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff. The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.