Retailers publish Christmas trading statements
On Thursday Tesco revealed their Christmas sales performance, which showed a decline in sales. Other top British retailers have also posted lacklustre results over the festive period. These poor results came despite heavy discounting in the run up to Christmas. However online shopping is helping some retailers break records with John Lewis, Debenhams and Marks and Spencer reporting substantial increases in their online sales. Ellen Flood, retail expert from Shopow said, “What we will see this year is the evolution of the high street with leading retailers changing their approach, and in many cases their product lines, to reflect the tastes of the modern shopper. As more people are become internet savvy, retailers will need develop and improve their online offerings and to embrace the Social Shopping phenomenon which is gathering pace.” Ellen concluded, “The internet is developing as a key element of the retail landscape. Online shopping offers shoppers an incredible amount of choice, convenience and savings.” “Social Shopping makes the online shopping experience more meaningful as people interact with their friends to share purchases they have made, likes and dislikes and, most importantly, great deals and discounts. Plus it adds an element of fun to the online shopping experience” Source: Shopow Due to problems with spam only SalfordOnline members can now leave comments. Becoming a member of SalfordOnline only takes a minute, just hit the red Join Us button at the top right hand side of the page to create your Personal account. Got a news story? Need help with publicity for an event in Salford? Send it to newsdesk@salfordonline.com or call the SalfordOnline newsdesk on 0161 789 5377. |