Southlanders Flashed The Cash and Cards In Black Friday Shopping Extravaganza

Southlanders embraced the Black Friday shopping experience.

Electronic payment processor Paymark says Southlanders spent $5.4 million in the huge one day retail extravaganza. That’s up considerably on the same time last year.

Feedback from shoppers to whatsoninvers indicated heavy traffic and parking parking pressure in the main shopping precinct of The Warehouse, Farmers and E Hayes and Son’s through the day.

Spending through Paymark jumped sharply amongst retail shops yesterday, the traditional day for specials during the US Thanksgiving break.

The merchants within the Core Retail sector, excluding the Food/liquor and Hospitality merchants, reported spending on Friday through the Paymark network up 32.8% on the previous Friday and up 25.2% on the same Friday in 2016. Also an influencing factor is likely to have been the good weather.

The surge occurred across a range of merchant sectors, including Department stores, Clothing shops, Hardware outlets, Appliance stores and Jewellery retailers.

The spending surge was also evident all regions.

In total, Paymark saw $219.0 million worth of transactions on Friday, which was up 10.9% on Black Friday 2016.