Subscribe to our free daily newsletters
  Energy News  

Subscribe to our free daily newsletters

Europe embraces Black Friday sales with some reservations
by Staff Writers
Paris (AFP) Nov 24, 2017

Billions of euros will change hands over Black Friday weekend sales across Europe, but despite increasingly accepting the US import, the promotions will be marked by strikes, protests and concerns about over-consumption.

Here is how the sales, which stretch four days from Black Friday to Cyber Monday, are expected to fare in some of the continent's big spenders:

- France -

After starting in 2015, the concept of Black Friday sales has now been taken up by all major retailers after wavering in the wake of the Paris attacks in November 2015.

The French are expected to spend 845 million euros ($1 billion) online this weekend, a 15 percent increase since 2016, and 4.5 billion euros in stores, a four percent rise, according to a report by the Centre For Retail Research for the Poulpeo website.

But buyers beware -- the government website has urged all shoppers to be wary during the sales, when scams by cybercriminals multiply.

Some have also warned of the dangers of over consumption. Envie, a network of 50 French companies, launched a "Green Friday" initiative, while the Camif website closed on Friday, saying it was "fed up".

- Germany -

Shoppers in Germany have been seduced by the sales for several years.

Last year, 16 percent of consumers participated in the sales on Black Friday and 13 percent on Cyber Monday, spending a 1.7 billion euros, according to the German retail federation.

However US online retail giant Amazon faces strikes by 2,000 at six of its warehouses in Germany by employees demanding better working conditions, according to trade union Verdi.

- Spain -

Black Friday took off in Spain in 2012, when labour reforms liberalised sales.

Nine out 10 companies will participate in the sales this year, according to the Spanish Digital Economy Association. Even banks are joining in, offering discounted credit cards and home loans.

The average Spanish shopper is expected to spend 222 euros during the sales, up from 200 last year. Sales country-wide could reach 1.4 billion euros.

Faced with this rising consumption, some associations have encouraged people to boycott the sales, with little success.

- Italy -

Fourteen million Italians will take advantage of the sales on Friday, according to leading local business association Confesercenti. A total of 1.5 billion euros is expected to change hands -- an average of 108 euros per person.

Most of the sales take place online, but Black Friday is gradually gaining acceptance in brick-and-mortar stores, with seven out of 10 making special offers this year.

Along with Germany, some Italian Amazon workers will also go on strike at a distribution centre in Castel San Giovanni in the country's north.

Greenpeace activists also protested in a Rome shopping centre, using the symbol of a globe suffocating under the weight of consumer goods.

- Britain -

After a drop in the value of the pound, British shoppers may well welcome this year's sales.

Britons are expected to spend 2.6 billion pounds (2.9 billion euros, $3.4 billion) this Friday, up eight percent from last year, according to forecasts by VoucherCodes and the Centre for Retail Research.

Over the four days, as much as 7.8 billion pounds will be spent -- an increase of seven percent.



Philippines offers China chance to run third telecom service
Manila (AFP) Nov 20, 2017
Philippine President Rodrigo Duterte has offered China an opportunity to create a third telecommunication provider in the country, his spokesman said Monday, using rapidly-warming ties with Beijing to break a duopoly that consumers blame for poor services. Duterte, who has courted Beijing while loosening his nation's alliance with the United States, made the offer in a meeting with Chinese P ... read more

Related Links
Global Trade News

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once

credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly

paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Improving sensor accuracy to prevent electrical grid overload

Japan faces challenges in cutting CO2, Moody's finds

IEA: An electrified world would cost $31B per year to achieve

'Fuel-secure' steps in Washington counterintuitive, green group says

New computational method provides optimized design of wind up toys

Renaissance of the iron-air battery

Musk beats deadline for building world's biggest battery

Study helps make microgrids a more reliable power source

New wind farm in service off the British coast

End tax credits for wind energy, Tennessee Republican says

New York sets high bar for wind energy

Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project

Glass microparticles enhance solar cells efficiency

Expanding wavelength range for solar energy conversion

Artificial photosynthesis gets big boost from new catalyst

Recurrent Energy secures debt financing for 20 MW California solar project

Lightbridge and AREVA NP Sign Agreements to Immediately Advance Fuel Development

UK made grave errors over Hinkley nuclear project: MPs

Belarus nuclear power plant stirs fears in Lithuania

Swiss nuclear plant finds defective tubes from France's Areva

Surrey develops new 'supercatalyst' to recycle carbon dioxide and methane

Coffee set to power London buses in green initiative

Sandia speeds transformation of biofuel waste into wealth

Desert solar to fuel centuries of air travel

OPEC anticipation gives oil bulls a chance to run

British energy lauded for momentum as economy falters

Russia's budget deficit indicative of growth

Ukraine says chief goal is to be energy independent

Spain, Portugal struggle with extreme drought

Study settles prehistoric climate puzzle

UN climate envoys agree on way forward, despite Trump

Keeping it real: UN climate talks struggle to stay relevant

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement