Czechs to spend CZK 3bn on Black Friday

24 November 2016

Black Friday sales on the Czech market are expected to reach CZK 3bn this year. Czech retailers will extend the traditional one-day sales spree, started in the US, to an entire week or longer. Brick-and-mortar shops will join e-shops in offering discounts of up to 80 percent. Czech spending is expected to reach CZK 3.15bn between Nov. 21 and 27, up CZK 500m y-o-y. In 2015, shoppers spent CZK 2.61bn and CZK 2.22bn in 2014. The largest Czech e-shop, Alza.cz, launched its sale promotions last week, offering 80-percent discounts on 700 of its most popular items. Mall.cz is offering 43-percent discounts on the average on 160 items.

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