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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Royal Mail plc    RMG   GB00BDVZYZ77

ROYAL MAIL PLC

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Royal Mail : Rural locations top Royal Mail's online shopping hotspots for Black Friday Weekend 2020

12/03/2020 | 10:19am EST

Royal Mail today reveals the top ten areas where shoppers made the most online purchases over the course of Black Friday weekend this year.

Bargain hunters in Shetland Islands top the list of the UK's most prolific shoppers in the biggest cyber shopping event of the year, followed by Hebrides, Carlisle and Kirkwall. Carlisle tops the England list, Shetland Islands the Scotland list, Llandrindod Wells the Wales list and Strabane the Northern Ireland list.

This year, rural locations dominate the top ten list*. For many of these customers, online shopping has become central to their way of life as they have negotiated the impact of lockdown.

According to research** from Royal Mail, nearly half (45%) of UK adults received more parcel deliveries in the first lockdown. The research revealed that parcel deliveries assumed an emotional significance for many during lockdown, with more than a third (36%) claiming that receiving a parcel is the highlight of their day.

Black Friday weekend tends to mark the start of the Christmas shopping period. With online shopping experiencing a boom in 2020, Black Friday weekend has also been particularly different this year due to the lockdown in England, moving more shopping online.

Online purchases made during Black Friday weekend and beyond will continue to be distributed by retailers and delivered by Royal Mail over the coming days, depending on consumer preferences.

Nick Landon, Chief Commercial Officer at Royal Mail, said: '2020 has been a year like no other and we expect that Christmas will be very different for many people across the UK too. Given our unparalleled reach across the UK, we're uniquely placed to reveal the Black Friday weekend online shopping hotspots for 2020. It's no surprise to see that ahead of Christmas, parcel delivery is as important for our rural customers as it is for our city customers. We understand the important role we play in keeping the UK connected at this challenging time. Everyone at Royal Mail is proud to help keep the country safe and connected and we are looking forward to delivering even more Christmas cheer over the coming weeks.'

Ends

Disclaimer

Royal Mail plc published this content on 03 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2020 15:18:03 UTC


© Publicnow 2020
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Sales 2021 11 869 M 16 239 M 16 239 M
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Net Debt 2021 1 026 M 1 404 M 1 404 M
P/E ratio 2021 28,1x
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Nbr of Employees 135 049
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Number of Analysts 14
Average target price 348,71 GBX
Last Close Price 416,40 GBX
Spread / Highest target 36,4%
Spread / Average Target -16,3%
Spread / Lowest Target -74,8%
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NameTitle
Simon Thompson Chief Executive Officer & Director
Keith Williams Non-Executive Chairman
Achim Dünnwald Chief Operating, Strategy & Transformation Officer
Mick Jeavons Chief Financial Officer & Executive Director
Christian Herrlich Group Chief Information Officer
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