Headline Findings: • Consumer spending declines -1.1% on an annual basis in October • Face-to-Face expenditure falls again (-2.4%), but eCommerce sees rise (+1.1%) • Recreation & Culture is only sector to register an increase in spending at start of fourth quarter (+0.3%)
• Festive campaign encourages the nation to support their high streets and shop locally this Christmas • The TV advert features real independent shopkeepers singing Queen’s Somebody to Love • Visa launches a nationwide competition inviting British high streets – and their independent shopkeepers – to recreate its Christmas advert and show why ‘Where You Shop Matters’
Headline Findings: • Consumer spending falls -2.3% on the year, after -1.2% drop in August • Expenditure falls through both Face-to-Face (-4.5%) and eCommerce (-0.6%) channels • Majority of broad spending categories record lower expenditure, led by Clothing & Footwear (-7.5%)
Headline Findings: • Consumer spending down -1.3% year-onyear during August • eCommerce (-0.5%) and Face-to-Face (-1.2%) both see expenditure decline • Clothing & Footwear see sharpest reduction in spending in almost two years (-6.4%)
Headline Findings: • Consumer spending declines by -1.2% year-on-year in July • eCommerce expenditure returns to growth (+1.1%), but Face-to-Face spend dips again (-2.9%) • Clothing & Footwear is worst performing sector, while Hotels, Restaurants and Bars see further rise in expenditure
• 40 high streets across England, Scotland, Wales and Northern Ireland have been shortlisted for the Great British High Street Awards 2019, in partnership with Visa • The high streets shortlisted are now in the running to win up to £15,000 • The announcement comes as new Visa research reveals that shopping on the local high street brings happiness to seven out of ten (73%) consumers surveyed*
Headline Findings: • Consumer spending falls by -1.4% in June, unchanged from May • Renewed drop in eCommerce spend (-0.8%), Face-to-Face records further decline (-2.1%) • Household Goods records fastest reduction in expenditure for over a year (-5.0%))
• Manchester today becomes the latest UK city to get the magic ‘touch’ as contactless payments launch across Metrolink tram network
Headline Findings: • Consumer spending declines by -1.4% year-on-year in May • Face-to-Face expenditure falls solidly (-3.6%), while eCommerce spend rises (+0.7%) • Transport & Communication sees quickest drop in spend (-6.2%), Hotels, Restaurants & Bars register best performance (+3.3%)
Headline Findings: • Consumer spending falls by -0.2%, weakest reduction in five months • Slight fall in Face-to-Face spend (-0.7%), but eCommerce expenditure rises by +0.5% • Food & Drink sees most marked reduction in expenditure (-3.6%) , while spend rises strongly in Household Goods (+5.4%)
Headline Findings: • Consumer spending declines -1.8%, extending downward trend to five months • Face-to-Face expenditure falls -2.5%, eCommerce spend decreases by -1.1% • Transport & Communication (-5.6%) and Clothing & Footwear (-5.4%) see most marked reductions in expenditure
• Visa and Stanford University publish one of the largest global transportation studies, more than 19,000 commuters in 19 countries participated • Study assesses trends and challenges in public transportation and parking, in the face of population growth and urban migration patterns
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.
Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually.
There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.
Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.
For more information, visit www.visaeurope.com and @VisaEuropeNews
