Hi Colin,
As I said in a different thread, I was really suprised with the bargains I could find when I was in the UK a few days ago. It was a pity that my bags weren't bigger!
I too saw promotions for 90% off. In Barnsley it seemed commonplace. I can see other retailers hitting the wall, so for those who have spare cash, now is the time to buy what you need.
Next year I don't think the promotions will last, I think the shops will start to close....
There will be deflation which will catch many with their pants down. It's now that retailers and business directors need to plan for the future, at least a plan 'B'. Planning costs nothing, but will cost a lot if not done. Those 'caught
by suprise' have no excuse.
By the way, over here in Brazil, the economy grew this year, and sales are slightly higher, so not so many offers for us I'm afraid, we'll hae to wait until January.
Best regards,
Steve
Quote:
Originally Posted by Colin
Retailers are scrambling to salvage the end of a bad year of business by mounting their biggest ever pre-Christmas sales in the final hours before December 25.
Analysts have predicted that discounts for consumers, which have already reached unprecedented levels, will hit a new height as stores attempt to win over shoppers out to find last-minute Christmas bargains.
A growing list of major stores have announced discounts of 50 per cent or more in sales to start as early as 7am on Christmas Eve.
[IMHO, a last ditch attempt to save the rapidly failing UK Economy, which wont work]
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