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Friday, 26 December 2008 - Britons hit the shops as struggling retailers slash prices
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    Read more with google mobile : Britons hit the shops as struggling retailers slash prices

    Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Britons hit the shops as struggling retailers slash prices AFP - 2 hours 58 minutes ago LONDON (AFP) - - Shoppers across Britain queued up before dawn on Friday for traditional post-Christmas sales, which this year are seeing struggling stores offering discounts of up to 90 percent. Department store Selfridges said about 2,000 bargain-hunters lined up outside the London branch. The woman at the front of the queue had been there since 2:00 am (0200 GMT), hoping to buy a Chanel bag, a spokeswoman said. "It was mental when they came into the store. I've never seen anything like it. People were running into the store and grabbing bags. Some women had four or five bags in their hands," the spokeswoman said. High-street department store Debenhams, which has slashed its prices by up to 70 percent, reported hundreds of people lining up outside its shops in London and Manchester, in northwest England, from 6:00 am. In London's Oxford Street, all but two stores were open on what is officially a national holiday -- a situation the New West End Company (NWEC), which manages the capital's main shopping streets, said was unprecedented. One store, Superdrug, was offering discounts of up to 90 percent, and many opened hours early as they tried to tempt consumers hit by rising unemployment and tightening of credit to part with their cash. Figures from the British Retail Consortium (BRC) showed total sales fell by 0.4 percent in November on a year ago, and the group warned Thursday that December's figures "won't be pretty" when they come out next month. "Despite a last minute surge, it's becoming clear that overall this has been a poor Christmas for retailers, as struggling customers cut back and traded down," said BRC director-general Stephen Robertson. Three stores went under within 24 hours earlier this week. High street music retailer Zavvi, which employs more than 3,000 people, luxury tea-sellers Whittard and menswear retailer Officers Club all went into administration. Meanwhile, Woolworths, a century-old British high street institution, is due to close all its stores by the end of January after filing for administration in November, affecting the jobs of about 27,000 staff. Email Story IM Story Printable View Blog This Recommend this article Average (1 vote) Sign in to recommend this article » Most Recommended Stories » Enlarge Photo Shoppers walk past a sale sign on the high street in Guildford, Surrrey on December 23, 2008. Shoppers across Britain queued up before dawn on Friday for traditional post-Christmas sales, which this year are seeing struggling stores offering discounts of up to 90 percent. Most Popular – Top Stories Viewed Actress Jennifer Aniston appears naked in GQ magazine Tough times seen ahead for British, Japanese economies Australian 'mummy smuggler' arrested in Cairo Funeral of Guinea strongman as junta tightens grip Weather outside frightful for US, Canada travelers View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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