Friday, 23 December 2011

Christmas shopping is cheaper than ever

To make the sale happening retailers all over the UK have to make high discounts before than Christmas.

Many firms have already launched their after-Christmas sales. Argos, Body Shop, Debenhams, French Connection, Gap, John Lewis, Marks & Spencer and many others have all started their winter sales ahead of what are expected to be the two most lucrative days of the year. They hope to empty shop floors and warehouses containing mountains of stock.

A report by accountant RSM Tenon released yesterday paints a bleak picture of the state of the high street.
According to the document 13 per cent of retailers, nearly 9,000 are at high-risk of going into liquidation.  

Even more worrying data released on the same day showed UK shopper numbers for this week are lower than the snow-affected period last year.

Consumers are surely happy to save some money just before Christmas.

However, many shoppers who bought early were furious to find goods they had already bought reduced by up to 80 per cent.

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