Christmas retail news – Page 66
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90% of Christmas shoppers to go online
This year 90 per cent of shoppers will turn to the internet to research and buy their Christmas gifts.
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Shoppers put back festive buying as they hold out for further Sales
Shoppers have shifted their Christmas buying habits and saved the majority of their shopping this year for December.
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Retailers ramp up pre-Christmas Sales
Retailers have stepped up their discounting dramatically in recent weeks, with three quarters of the UK's leading chains offering discounts in the run-up to Christmas.
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M&S confirms second one-day Sale
Marks & Spencer has confirmed it will hold a second one-day Sale on Thursday.
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VAT cut fails to drive shoppers online
VAT reductions on Monday failed to drive bigger sales or traffic for retailers online.
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Consumers delay Christmas spending until last minute
Shoppers have shifted their Christmas shopping schedules into the month of December, the latest research by GfK NOP has revealed.
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Debenhams confirms three-day Sale
Debenhams has confirmed it will tomorrow launch a three-day Sale, which is expected to be extended to cover the whole weekend.
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Zavvi stops selling online after EUK collapse
Zavvi has stopped selling DVDs, music and video games online in the key pre-Christmas trading period as it is hit by the administration of its supplier, Woolworths' entertainment wholesaler EUK.
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Park Group pre-tax losses narrow
Christmas hamper specialist Park Group has reduced its pre-tax losses by 17 per cent to 3.2 million in the six months to September 30.
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CBI survey: Retailers fear dire Christmas
Retailers are expecting a lacklustre Christmas after reporting a decline in high street sales in November, according to the CBI's Distributive Trades Survey.
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Arcandor: Christmas on track despite supply scare
German retail group Arcandor has said its Christmas sales will not be affected as some of its Asian suppliers face financing difficulties.
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Consumer confidence still poor in November
Customer confidence has improved slightly but still remains low, the latest GfK NOP Christmas survey data shows.
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Zavvi confident stocks will be maintained after EUK collapse
Entertainment retailer Zavvi is understood to be confident it can maintain levels of stock in the run-up to Christmas, despite the collapse of Woolworths subsidiary EUK, which supplied it with almost all its product.
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John Lewis slashes prices to match House of Fraser Sale
John Lewis has become the latest retailer to slash its prices, offering 25 per cent off branded goods to match prices at House of Fraser’s two-day Sale which began on Thursday.
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Clinton Cards pins hopes on Christmas after sales tumble
Greetings card group Clinton Cards is relying on the crucial Christmas season for some relief after suffering dire trading.
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Fashion retailers join forces to implement VAT cut
Marks & Spencer, Arcadia, Bhs, Next, New Look and Mosaic Fashions have jointly confirmed they will implement the 2.5 per cent cut in VAT on Monday, or as soon as possible afterwards.
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Trading 'volatile' at French Connection
Sales at fashion group French Connection’s core UK retail business have softened after a strong start to the second half.
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Woolworths stops selling toys online
Updated: Embattled retailer Woolworths has stopped selling toys online during the key Christmas period, shocking and delighting rivals.
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M&S plans second one-day Sale
Marks & Spencer is understood to be planning a second one-day Sale following what is believed to have been a successful one-day promotion last week.
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Pre-Budget report: Retail opinion divided on VAT change
Some retailers have welcomed attempts by Chancellor Alistair Darling to kick-start the economy in yesterday’s pre-Budget report, but others have expressed anger that changes do not go far enough.