«Breaking News» Desperate stores pin hopes on last-minute Christmas sales rush

Desperate stores are praying for a last-minute sales rush to save their Christmas – slashing prices in a bid to lure thrifty shoppers.

Britons are expected to spend almost £3billion – both on the High Street and using online firms – on their final Christmas purchases during ‘Frenzied Friday’ and ‘Super Saturday’.

Warnings of poor festive sales have sent the share prices of leading retailers tumbling in recent days, wiping billions off stock market values.

Desperate stores are praying for a last-minute sales rush to save their Christmas. The graphic shows where to find the best discounts

Chains, particularly those selling fashions, have cut prices to jumble sale levels with dresses and tops as cheap as £2.

At the same time, online retailers such as Amazon, Net a Porter and Asos are turning the screw by allowing orders as late as Christmas Eve for same day delivery.

However, they will be under severe pressure to make sure items arrive before Christmas morning or face a fierce consumer backlash. Research by the consumer group Which? found more than half of people who shopped online over last year’s festive period had a problem with deliveries.

Many shoppers are believed to be holding back Christmas spending until the very last minute in an effort to pressure retailers to make ever deeper price cuts.

Retail and online delivery expert David Jinks, of ParcelHero, said: ‘Consumers seem to have been rather underwhelmed by the Black Friday or Cyber Monday weekend offers and are perhaps holding off to see if there are further bargains.’

Britons are expected to spend almost £3billion in the High Street and online. Image shows Christmas shoppers in London.

Major names like Debenhams, House of Fraser and Gap are offering hefty price cuts, while upmarket chain John Lewis has been dragged into the price-slashing battle through its promise of being ‘Never Knowingly Undersold’.

The web retailer trade body, IMRG, said the Black Friday sales event at the end of November was largely a damp squib. As a result, both online and High Street stores have been left with a huge inventory of merchandise that they need to shift.

Figures from the Centre of Retail Research (CRR) suggest total spending on Friday, both online and in the High Street, will hit £1.23billion with another £1.65billion on Saturday. It suggests online shopping for gifts will peak on Friday, with 7.2 million people making purchases worth £321m.

On the High Street, in shopping centres and retail parks, the CRR predicts spending will hit £1.38bn on Saturday, as ten million pound the pavements. A survey by Opinium for VoucherCodes found one in five people will do their festive shopping at the last minute.

n AMAZON warns it could hike its fees for tens of thousands of small businesses on its online marketplace if the UK introduces a 2 per cent tax on tech firms’ UK sales.

 

Link hienalouca.com

https://hienalouca.com/2018/12/19/desperate-stores-pin-hopes-on-last-minute-christmas-sales-rush/
Main photo article Desperate stores are praying for a last-minute sales rush to save their Christmas – slashing prices in a bid to lure thrifty shoppers.
Britons are expected to spend almost £3billion – both on the High Street and using online firms – on their final Christmas purchases during ‘Frenzied Friday’ and ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





https://i.dailymail.co.uk/1s/2018/12/18/22/7591500-6509871-Desperate_stores_are_praying_for_a_last_minute_sales_rush_to_sav-m-58_1545172600586.jpg