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Trading Lessons

UK Sales Bank Holiday Monday, Discounts List Update and Buying Tips

Personal_Finance / Money Saving Dec 27, 2010 - 12:06 AM GMT

By: Nadeem_Walayat

Personal_Finance

Best Financial Markets Analysis ArticleSALES - 27th DEC 2010 UPDATE - The worst weather for decades coupled with economic austerity and the January 4th VAT hike from 17.5% to 20%, set the scene for shoppers to enjoy deep discounts in the annual sales with many distressed retailers making deep discounts of at least 50% and as much as 75%.


UK Christmas & New Year Holiday Sales 2010

Many retailers did not even wait for Christmas and started their sales early with discounts typically of up to 50%, that on boxing day escalated to 75% as the sales season progresses so as to get rid of old stock ahead of the January 4th VAT tax hike. Additionally, to lubricate the sales seasonal many credit card firms have been liberally stuffing household letterboxes with offers of 0% on purchases for 6-12 months that many borrowers may come to regret utilising as the interest charges start to accrue during 2011.

SALES Tips

  • The biggest reductions come towards the end of the sales season, i.e. Christmas stock can go from 33% off to 50% off to 70% off to 80% off over a week after Christmas.
  • Use a cash back credit card such as Egg or Capital One Circle to earn cash back.
  • Compare high street prices against the internet before buying, remember internet retailers have far lower overheads so usually cannot be beaten. Though only stick to recognised online retailer to avoid being scammed or sold fakes.
  • Make a list of items that you need to prevent buying junk.
  • Look for discount vouchers in newspapers.
  • Set yourself a budget and don't go over it.
  • Don't get into debt, there is no point in saving 25% on the sales and then paying 25% interest on purchases during 2011.. and beyond!

SALES Starting Monday 27th December

HARRODS - Upto 50% off

Marks and Spencer - Upto 50% Off

NEXT - Upto 50% off- Starts 5am - Queue early or go later on or you won't get in!

SALES Starting Tuesday 28th December

SELFRIDGES - Upto 50% off

SALES ALREADY IN PROGRESS

Asda - George - Upto 50% off

Argos - Upto 60% Off (Started midnight Christmas Eve) - Buy online (Check and Reserve) for pickup on Boxing day.

ASOS - Upto 50% off

AUSTIN REED - Upto 50% off

BHS - Upto 60% off.

BEST BUY UK - Upto 50% off )

Body Shop - Upto 50% off.

B&Q - Upto 60% off on selected items, PLUS EXTRA 15% off when you spend over £50 ( Enter WINTERSALE15) at online checkout.

CLARKS - Upto 50% off

COMET - Upto 40% off

CURRYS - Upto 70% off

Debenhams - Upto 70% off

Dorothy Perkins - Upto 50% off

FRENCH CONNECTION - Upto 50% off

GAP - Upto 50% off

Habitat - Upto 50% off

Home Base - Upto 75% Off

House of Fraser - Upto 50% off

H&M - Upto 50% Off

IKEA - Upto 50% off

John Lewis - Upto 50% off

Laura Ashley - Upto 50% off.

La Senza - Upto 50% off

Littlewoods - Upto 70% off

Matalan - Upto 50% off

Mothercare - Upto 50% off

New Look - Upto 50% off

NEXT - Upto 50% off (online only)

OASIS - Upto 45% off

PC World - Upto 50% off

PIXMANIA - Upto 60% off (online only retailer)

River Island - Upto 50% off.

Super Drug - Upto 50% off.

TopMan - Upto 50% off

Warehouse - Upto 70% off

WHSmith - Upto 75% off

Wickes - Upto 50% off

ZARA - Upto 50% off

Check back regularly for Sales updating, and if you know of any more add a comment below.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-10 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 24 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on UK inflation, economy, interest rates and the housing market and he is the author of the NEW Inflation Mega-Trend ebook that can be downloaded for Free. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Una
07 Jan 11, 03:44
US Dollar Bull market

Think you need to revise your dollar forecast Nad.

Your original analysis was probably right on?

If the Dollar rallies next week with earnings, and the dynamic becomes dow up dollar up. then we gotta go long.

Once again, great work. Still dont get how you manage to forecast CPI and GDP and so on so accurately, but kudos.


John Rainey
10 Jan 11, 16:27
Where Are You

I'm missing Nadeem's update letters. Where are you?


Mk
12 Jan 11, 15:35
Nadeem, Where are u?

I am missing Nadeem's analysis as well. Nadeem your forecast of 12000 by Mid Jan 2011 is coming true!!!

What does your analysis say now? I am itching to go short but would wait for your analysis

Cheers


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