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Indications of strong Christmas spending in the High Street have come to light as department store John Lewis reports it had set a new all-time weekly sales record.
The retailer recorded sales of £110 million in the period to Saturday, smashing records achieved last week.
Christmas gift-buying stepped up a notch, with fashion, watches and sewing machines [...]
7th Dec 09
Britons spend £4000 a second for online Christmas presents
by Sally Davies
Internet traffic will be jammed today as millions of shoppers log on to the web to do their Christmas shopping, making it the biggest spending day ever to take place on the internet.
Online Christmas shoppers are forecasted to spend about £4,000 a minute throughout the day on this year’s must-have items including iPhones, Susan Boyle’s [...]
20th Nov 09
Britons benefit from shopping sprees in New York
by Paul Russell
British tourists are planning to head to New York over the festive holiday season will benefit from saving up to 70 per cent following the recent strengthening of the pound against the dollar.
Even though the price of items has risen in both cities by 1 per cent in the last 12 months, the sterling has [...]
19th Nov 09
High Street Christmas price war begins
by Sally Davies
High street chain Debenhams is reducing £250 million off the cost of Christmas by reducing almost everything on its shelves in a move which is set to spark a price war.
The festive discounts come as the super market giant also plans to reduce the cost of their own prices on everything from food and clothes [...]
11th Nov 09
New hopes Christmas shopping sprees could bring the UK out of recession
by Katie Naylor
The price of goods sold on the high street have risen at a yearly rate of 3.8 percent in the last month, prompting hopes that a spending spree in the lead up to Christmas may help pull the economy out of recession.
The rise in like-for-like sales is the largest in October in the past seven [...]
9th Nov 09
Civil servants given time off for cake baking and shopping trips
by Natasha Redman
Government officials have been given time off for Christmas shopping trips, days at the races and to compete in Whitehall cake-baking and jam making competitions, all of which are subsidised by the taxpayer.
The Civil Service Sports Council with the aid of an annual £1.4 million grant from the Government are funding the activities, as well [...]
21st Oct 09
Retail sales recovering in Scotland
by Katie Naylor
Retailers have been warned to approach the Christmas peak retail period with caution in spite of rising consumer confidence in Scotland.
A survey conduced by the Scottish Retail Consortium (SRC) KPMG Retail Sales Monitor reveals that a like-for-like sales in September was up by 1.5 percent than compared with September 2008, the best it has been [...]
6th Oct 09
Hopes fade of an iPhone price war
by Natasha Redman
With the news of Orange launching the Apple iPhone before Christmas and Vodaphone hot on its heels in 2010, there is little doubt that the device is set to go mainstream.
However customers that have been holding off purchasing an iPhone in the hope that a massive price cut are set to be disappointed.
Chief executive of [...]
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