Companies slashed prices earlier than usual to lure shoppers online or into branches that remained open

It is a festive season like no other – particularly for beleaguered retailers. In a normal trading year, stores would have concentrated on selling as much full-price stock as possible in their peak pre-Christmas trade.

Yet months of stop-start restrictions have taken their toll, leading many British retailers to slash prices earlier than in previous years, even before Christmas Day. Some are also offering deeper discounts, rising to as much as 70% off, in an effort to lure shoppers online or into those branches that remained open.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

On trial for saving lives: the young refugee activist facing a Greek court

Although his allies call the charges against him ‘farcical’, Seán Binder could…

Tokyo 2020 played out in empty arenas but bound eight billion people together | Andy Bull

Japan spent $12bn on an Olympic party no one could attend yet…

Care boss blasts ministers for treating NHS like ‘favoured child’

Head of Care England says Tory policy has widened gulf between the…