Have we seen the January sales come early on the high street?
As John Lewis for one reports a huge surge in sales in the run-up to Christmas there are mixed opinions as to what the immediate future holds for the UK high street. Those who are suggesting that the January sales will continue in the same vein would appear to be wide of the mark with many of the opinion that the January sales actually came early, before and just after Christmas. If this is the case then the next few months on the UK high street could be dire and severely impact both profitability and cash flow.
We are seeing a common theme over the last few weeks in that the larger stores are reporting increased turnover and sales while many of the smaller operations on the high street continue to struggle. Whether we are seeing a flight to quality, in that UK consumers are concerned about the future of smaller operations, or their increased marketing and promotional campaigns have been successful remains to be seen. Whatever the case it would appear that a substantial polarisation is appearing on the UK high street which is something nobody had hoped to see.
Share this..
Related stories
How Can The Public Influence The Cost Of Employing MPs?
Over the last couple of years there has been a growing debate about the cost of employing MPs in the UK and the massive expenses they are allowed to claim. As each and every sector of the UK public continue to struggle we are hearing more and more stories about massive expenses claims, MPs employing members of their own family and taking rental payment from the public purse to work from home.
Euro under pressure as unemployment rises
The Euro is today under pressure after news that unemployment in those nations who have adopted the currency rose to nearly 15.9 million. This is the equivalent of 10.1% of the population of the 16 nations involved although the likes of Spain, Ireland and Slovakia have by far and away the highest unemployment rates in the euro zone. The Spanish rate is nearly 20%! As a consequence of the growin...
Read MoreIs the UK property market dead?
As the UK property market continues to come under severe pressure and head downwards there are many people suggesting that the market may not recover for anything up to 10 years. However, these are probably the very same people who believed that the boom times in the UK property market would continue indefinitely and never saw the current recession arriving on the UK shores. So is the UK property...
Read MoreUK unions threaten rail disruptions as job security brought into question
The RMT union has today announced plans to ballot 3500 workers in relation to potential job losses after Stagecoach and rival Go-Ahead Group issued warnings on the state of the UK rail network and the potential for passenger volumes to fall in the short to medium term. The unions have approached the companies in question with regard to job security for their members although no formal comment has...
Read More£6bn lost on cancelled holidays
With a recent study revealing that over £6 billion was lost last year through people cancelling holidays they have already booked, Britons have been reminded of the importance of taking out a comprehensive travel insurance policy.According to the insurer More Than, who released the findings, while many people book their holidays well in advance, many fail to take out insurance and therefore leave...
Read More