Alan Monahan writes: I suspect that many retailers will rue the day that Black Friday washed up on our shores from the US. Like Andrew Jennings – who used to run Harrods, House of Fraser and New York department store Saks Fifth Avenue – they probably believe that the lead-up to Christmas should be a
Retail Reflections: the jury is out on Black Friday – bring on the mince pies! Read More »
UK consumers are planning to spend an average of £1,551 over the festive shopping season – £51 more than last year, according to a survey of 2,000 adults conducted by American Express. It estimates that there will be a £76bn overall spend, with individuals parting with £51 more than last year. After Christmas getaways, the
Retail news round-up: Christmas spending, fast shopping, rich pickings and salaries Read More »
Alan Monahan writes: Hard on the heels of Halloween comes another American import. Yes, Black Friday beckons. But, as a retailer, will you follow? According to Justin Opie, managing director at IMRG, this sales opportunity has, over the past few years, consistently demonstrated a remarkable capacity for shifting in terms of size and scale.
Retail Reflections: Black Friday beckons; plea to the Chancellor Read More »
The great pre-Christmas discounting and price-promotion extravaganza, Black Friday on November 25, helped generate a 12% rise in online spending. High street stores were quiet, by contrast, as sofa-surfers concentrated on internet promotions. The week from Monday November 21 – Monday November 28 saw online sales rise to around £6.5bn, while black Friday itself
Biggest shopping day in British retail history Read More »
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