Nationwide customers made more than 7m Black Friday transactions

By Barrie Hudson - 2 December 2024

Business
  • Nationwide underwent a high-profile rebranding earlier this year

    Nationwide underwent a high-profile rebranding earlier this year

Swindon-based Nationwide Building Society has released Black Friday transaction statistics.

It reported that by 5pm on the day when shoppers traditionally snap up bargains, its customers had made 7.39m transactions.
This figure was 16 percent higher than on a typical Friday.
The number of purchases was 11 per cent higher than on Black Friday 2023 and 14 per cent higher than on the same day in 2022.
Speaking on Black Friday, Mark Nalder, Director of Payment Strategy at Nationwide Building Society, said: "Our customers have made a staggering 7.39 million transactions today, demonstrating they have been out in force looking for a bargain. 
"The day has certainly lived up to its reputation as one of the biggest single shopping dates in the British calendar. 
"With many Brits telling us they use Black Friday to buy a quarter of their Christmas gifts, it is perhaps no wonder so many have used the day to get ahead of the festive rush this year.”
 

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