Loot.co.za chief expects significant rise in turnover this Black Friday

DURBAN – Online department store Loot.co.za was positive it would continue to see engagement and turnover increase over the upcoming Black Friday period.

Loot.co.za chief executive Greg Le Roux said their 2020 Black Friday deals would begin this Friday.

“During the 2019 Black Friday period, we experienced double-digit growth hence we expect this year’s performance to be greater in the face of the Covid-19 pandemic. The Covid-19 pandemic has increased our traffic over the last few months, and we have seen shoppers experiencing our e-commerce platform for the very first time.

“These new customers will not return to their old traditional methods of shopping and most certainly not during the crazy period of Black Friday and Festive, with overcrowded shops during a global medical pandemic. Therefore we are predicting a bumper season this year,” said Le Roux.

He added that e-commerce continued to be buoyant and would continue moving further forward. Le Roux said the current challenge for all retailers was the supply chain for suppliers to keep up with the growing demand.